Sensex surges; Bajaj Auto, Coal India up Analysis for Jun 09, 2014

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The Indian benchmark was trading in green in afternoon session of day"s trade. Realty sector stocks were on the rise with Unitech leading the pack followed by Sobha Developers, D B Realty, Prestige Estates Projects and Anant Raj. Shares of Nectar Lifesciences rose on Bombay Stock Exchange (BSE) on back of heavy volumes on reports that the promoters of the pharmaceutical company are planning to sell their entire stake in the company. However, the management has denied the reports. At 14:19PM BSE SENSEX was at 25560.56 up by 164.1 points or by 0.65 per cent and then NSE Nifty was at 7662.9 up by 79.5 points or by 1.05 per cent.

The BSE MIDCAP was at 9229.42 up by 130.88 points or by 1.44 per cent. while the BSE SMLCAP was at 9958.92 up by 184.88 points or by 1.89 per cent

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3216 , shares advanced were 2279 while 839 shares declined and 98 were unchanged

The top gainers of the BSE Sensex pack were Bajaj Auto Ltd. (Rs. 2158.00,+5.48 per cent), Coal India Ltd. (Rs. 411.10,+5.14 per cent), Tata Power Company Ltd. (Rs. 114.45,+3.29 per cent), Larsen & Toubro Ltd. (Rs. 1739.90,+3.03 per cent), Tata Steel Ltd. (Rs. 574.30,+2.51 per cent), among others.

The top losers of the BSE Sensex pack were Oil And Natural Gas Corporation Ltd. (Rs. 453.30,-2.31 per cent), Mahindra & Mahindra Ltd. (Rs. 1212.65,-1.38 per cent), State Bank of India (Rs. 2706.70,-0.93 per cent), Hindustan Unilever Ltd. (Rs. 635.10,-0.52 per cent), Axis Bank Ltd. (Rs. 1964.55,-0.48 per cent), among others.

The top gainers of the NSE Nifty pack were Grasim Industries Ltd. (Rs. 3720.35,+12.23 per cent), Power Grid Corporation of India Ltd. (Rs. 139.10,+8.59 per cent), Bajaj Auto Ltd. (Rs. 2168.95,+5.89 per cent), Coal India Ltd. (Rs. 413.55,+5.86 per cent), ACC Ltd. (Rs. 1517.00,+5.43 per cent), among others.

The top losers of the NSE Nifty pack were Oil And Natural Gas Corporation Ltd. (Rs. 452.50,-2.82 per cent), Bharat Petroleum Corporation Ltd. (Rs. 614.15,-2.22 per cent), Mahindra & Mahindra Ltd. (Rs. 1218.00,-1.20 per cent), State Bank of India (Rs. 2712.65,-0.99 per cent), Infosys Ltd. (Rs. 2985.00,-0.60 per cent), among others

Among the sectoral indices on BSE, BSE Realty index was at 2253.75 up by 125.72 points or by 5.91 per cent. Unitech Ltd. (Rs. 38.20,+18.08 per cent), Sobha Developers Ltd. (Rs. 572.05,+12.51 per cent), D B Realty Ltd. (Rs. 97.75,+11.97 per cent), Prestige Estates Projects Ltd. (Rs. 250.00,+8.98 per cent), Anant Raj Ltd. (Rs. 81.00,+3.78 per cent)

Story first published: Monday, June 9, 2014, 15:24 [IST]
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