Sensex up 255 points; HDFC Bank, ICICI, ONGC top gainers Analysis for Jun 30, 2014

Subscribe to GoodReturns

Extending the gains, the key domestic benchmark index, Sensex was trading higher at 255 points buoyed by the gains in index heavyweights including LNT, Tata Power, Sun Pharma, ICICI Bank, State Bank of India and ONGC among others. Tracking the momentum, the 50-share Nifty index was trading above its crucial psychological level of 7550, supported by gains in banks, capital goods, power and realty stocks.

At 10:07AM BSE SENSEX was at 25355.48, up by 255.56 points or by 1.02 per cent, while the NSE Nifty was at 7575.65, up by 66.85 points or by 0.89 per cent.

The BSE MIDCAP was at 9311.37 up by 106.2 points or by 1.15 per cent, while the BSE SMLCAP was at 10115.99, up by 93.7 points or by 0.93 per cent.

The BSE Sensex touched an intraday high of 25374.25 and an intraday low of 25179.55, while the NSE Nifty touched an intraday high of 7586.45 and an intraday low of 7531.6.The top gainers of the BSE Sensex pack were Larsen & Toubro Ltd. (Rs. 1702.75,+2.18%), State Bank of India (Rs. 2692.00,+2.10%), Tata Power Company Ltd. (Rs. 105.85,+1.97%), ICICI Bank Ltd. (Rs. 1410.05,+1.82%), Tata Steel Ltd. (Rs. 528.95,+1.82%), among others.

The top losers of the BSE Sensex pack were Tata Consultancy Services Ltd. (Rs. 2381.80,-0.69%), Mahindra & Mahindra Ltd. (Rs. 1153.25,-0.05%), among others.

Among the sectors, In BSE, BSE_CGS index was at 16171.61 up by 317.78 points or by 2%. Pipavav Defence & Offshore Engineering Company Ltd. (Rs. 67.60,+4.08%), Alstom T&D India Ltd. (Rs. 337.80,+3.62%), Alstom India Ltd. (Rs. 533.00,+2.84%), Lakshmi Machine Works Ltd. (Rs. 3740.00,+2.66%), Suzlon Energy Ltd. (Rs. 28.60,+2.33%),.

On the flip side, In BSE, BSE_Bankex index was at 17466.14 up by 284.4 points or by 1.66%. Canara Bank (Rs. 447.20,+3.30%), Bank of India (Rs. 293.75,+3.25%), Bank of Baroda (Rs. 871.50,+2.98%), Punjab National Bank (Rs. 977.95,+2.62%), Federal Bank Ltd. (Rs. 134.25,+2.52%),.

The Market breadth, indicating the overall strength of the market was positive. On BSE out of total 2073 shares traded, 1508 shares advanced, 504 shares declined while 61 remained unchanged.

Story first published: Monday, June 30, 2014, 10:36 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC