Mid-Session: Sensex gains over 50 points; Power stocks up by 1.14% Analysis for Dec 10, 2014

Subscribe to GoodReturns

The markets continued to trade in a positive territory during the afternoon session led by gains in Power index followed by Consumer Durables, Power indices. Tata Power Company, Oil and Natural Gas Corporation, Sesa Sterlite, State Bank of India, Hero MotoCorp was among the major shareholders. Meanwhile, foreign institutional investors were net sellers in Indian equities worth Rs 221.52 crore on Tuesday, as per provisional stock exchange data.

At 12:34 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 27860.93 up by 63.92 points or by 0.23 % and then NSE Nifty was at 8368 up by 27.3 points or by 0.33 %.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2761, shares advanced were 1605 while 1051 shares declined and 105 were unchanged.

The BSE MIDCAP was at 10301.58 up by 95.05 points or by 0.93 %, while the BSE SMLCAP was at 11298.65 up by 104.53 points or by 0.93 %.

The top gainers of the BSE Sensex pack were Tata Power Company Ltd. (Rs. 87.65,+2.63%), Oil And Natural Gas Corporation Ltd. (Rs. 360.00,+2.17%), Sesa Sterlite Ltd. (Rs. 225.25,+2.02%), State Bank of India (Rs. 312.10,+1.76%), Hero MotoCorp Ltd. (Rs. 3175.20,+1.26%), among others.

The top losers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 829.50,-1.36%), Bajaj Auto Ltd. (Rs. 2570.40,-1.25%), Hindustan Unilever Ltd. (Rs. 806.55,-0.85%), ITC Ltd. (Rs. 391.10,-0.80%), GAIL (India) Ltd. (Rs. 461.25,-0.70%), among others.

In BSE, BSE Power index was at 2070.15 up by 23.43 points or by 1.14%. JSW Energy Ltd. (Rs. 93.10,+2.76%), Tata Power Company Ltd. (Rs. 87.65,+2.63%), CESC Ltd. (Rs. 653.40,+2.44%), Adani Power Ltd. (Rs. 44.40,+2.07%), Crompton Greaves Ltd. (Rs. 181.35,+1.97%),.

In BSE, BSE FMCG index was at 8116.86 down by -37.62 points or by -0.46%. Godrej Consumer Products Ltd. (Rs. 998.00,-1.35%), Hindustan Unilever Ltd. (Rs. 806.55,-0.85%), ITC Ltd. (Rs. 391.10,-0.80%), Jubilant Foodworks Ltd. (Rs. 1335.00,-0.40%), Dabur India Ltd. (Rs. 238.85,-0.15%),.

Story first published: Wednesday, December 10, 2014, 13:12 [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'