Sensex closes above 19K

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Sensex closes above 19K
Mumbai, Jan 24: The 30-share BSE Sensex closed at 19,151.28, up 143.75 points or 0.76 percent and the 50-share NSE Nifty rose 46.75 points or 0.82 percent o settle at 5,743.25. Anil Manghnani Of Modern Shares & Stock Brokers feels that maybe 5838 to 5900 would be the supply zone.

SBI, Maruti Suzuki, Tata Steel and Axis Bank, who among the top gainers, were at 3.78 percent, 3.51 percent, 3.13 percent, 3.01 percent up respectively.

Wipro, Sesa Goa, Cipla and Reliance, who among the top losers, were at 2.64 percent, 1.95 percent, 1.55 percent, 1.54 percent down respectively.
4:48 PM

Sensex yet to reach 20K; Wipro, TCS down

At 2:00 pm, the 30-share BSE Sensex was trading at 19,124, up 117 points and the 50-share NSE Nifty rose 38 points to 5,734. The broader indices too gained 0.6 percent each.

The shares of the companies like Telecom, Anil Dhirubhai Ambani Group and private sector power companies' shares along with Wipro, TCS, SAIL, ITC and Dr Reddy's Labs traded on a negative note amid volatility.

However, financial, metal, realty, cement and capital goods companies' shares along with ONGC, Infosys and NTPC were quite strongly supportive to the markets.
2:14 PM

Nifty trades above 5,750, FMCG, ONGC up

Following the consistent buying in financial, capital goods, FMCG, metal and auto companies' shares along with heavyweights ONGC & NTPC, NSE Nifty was above 5,750 level during its noon trade.

At 12:02 pm, the 30-share BSE Sensex was trading at 19,175, up 167 points and the 50-share NSE Nifty rose 52 points to 5,749. The broader indices were also following the same trend; BSE Midcap and Smallcap indices went up 0.8 percent each.

SBI, HDFC, ICICI Bank, Tata Steel, BHEL and Axis Bank, who among frontliners, rallied 2-4.4 percent.

However, Wipro, Reliance Industries, Reliance Communications, Reliance Infrastructure, Tata Power and Siemens were down 0.7-2 percent.
12:57 PM

Nifty begins on +Ve note; banks up

Following SBI and Reliance Industries Q3FY11 numbers, NSE Nifty began trading on Monday, Jan 24 with a positive note.

At 9:42 am, the 30-share BSE Sensex was trading at 19,051, up 43 points and the 50-share NSE Nifty was at 5,709, up 12 points.

SBI jumped 2.65 percent while ICICI Bank rose over 1 percent.

Reliance Communications, Power Grid, PNB, HDFC Bank and Kotak Mahindra Bank were under selling pressure.

However, M&M, Bajaj Auto, HCL Tech, L&T, ONGC (bounced back) and Suzlon Energy were on buyers' radar.
10:15 AM

OneIndia News

Read more about: sensex, nifty
Story first published: Monday, January 24, 2011, 10:25 [IST]
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