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Market closes on a strong note; regain losses


Mumbai, Jan 12: The market ended on a strong note, equities recovered the losses on Wednesday's trade. The Nifty added more than 100 points on heavy volumes, volume largely supported by F&O segment. Positive clues helped the market to recover.

The industrial out data pulled the Sensex down about 100 points


At 4:20 pm, BSE Sensex was at 19534.10 up 337.76 points and Nifty was at 5863.25 up 109 points.

The top gainers were Sulzon Energy up 12.95 percent, Sterlite Ind up 7.08 percent, Tata Motors up 5.18 percent and ICICI Bank 4.55 percent.

Top losers were Bajaj Auto down 1.44 percent, Larsen down 1.14 percent, HUL down 0.99 percent and Tata Power down 0.78 percent.

Sensex gains 200 pts; TCS, RIL up

Following rally in heavyweights like TCS, Reliance Industries, Bharti, ICICI Bank and Infosys, BSE Sensex gained 200 points and NSE Nifty traded above 5800 level amid volatility.

At 1:58 pm, the 30-share BSE Sensex gained 201 points at 19,398 and the 50-share NSE Nifty jumped 70 points to 5,824 due to short covering. European markets were too quite supportive with half a percent gain.

Financial, technology, metal and power companies' shares led big support to benchmarks, along with Bharti (with 3 percent gain), Reliance Industries, BHEL, Hindalco, ITC and DLF.

However, L&T, Bajaj Auto, ONGC, HUL, Tata Power and BPCL were under selling-pressure.
2:55 PM

Market on loss; Nifty struggling around 5700

The benchmark Nifty dipped again by erasing all its early trade gains and was struggling around 5700 level.

Auto, oil & gas, L&T, Tata Steel, Wipro, NTPC, Reliance Communications, HUL, Tata Power and DLF and healthcare companies' shares draged the market down.

At 12:12 pm, BSE Sensex was at 19084.03 down 112.31 points and Nifty was at 5720.30 down 33.80 points.


Nifty bounces back; looming around 5800 level

Market opened on a positive note, the trade was supported by buying in financial, metal, telecom, realty, technology and select infrastructure companies' shares.

Index was looming around 5800 level.

Tata Motors, ICICI Bank, Bharti Airtel, DLF, TCS, HCL Tech, Hindalco, Sterlite Industries, Kotak Mahindra Bank, HDFC, Infosys, Reliance Industries, Reliance Infrastructure, Suzlon, Siemens, Jaiprakash Associates and Reliance Communications, were among the frontliners and witnessing buying interest during early trade.

At 10:20 pm, BSE Sensex was at 19302.58 up 106.24 points and Nifty was at 5780.70 down 26.60 points.

OneIndia News

Read more about: sensex nifty
Story first published: Wednesday, January 12, 2011, 10:27 [IST]
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