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Mid-Market- Sensex remains in positive terrain amid firm Asian cues Analysis for May 24, 2013

By Religare

The key domestic benchmarks were trading higher today in noon trade tracking a firm trend in Asian markets, which rebounded after yesterday's sharp losses as robust US jobless claims and housing data eased concerns of a slowdown in the world"s biggest economy, while the BOJ signaled that it had done enough to stimulate the Japanese economy.

At 12:23PM, the BSE SENSEX was at 19,753.51, up by 79.18 points or by 0.40 per cent, and the NSE Nifty was at 5,992.1, up by 25.05 points or by 0.42 per cent.


The BSE Sensex touched intraday high of 19,833.14 and intraday low of 19,568.49. The NSE Nifty touched intraday high of 6,015.3 and intraday low of 5,936.8.

Meanwhile, the BSE MIDCAP was at 6,395.67, up by 31.85 points or by 0.50 per cent, while the BSE SMLCAP was at 5,991.84, up by 17.39 points or by 0.29 per cent.

On the Sectoral front, Capital Goods and Realty were up 2.11 per cent and 1.60 per cent, respectively.

The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 2110, shares advanced were 1051 while 929 shares declined and 129 were unchanged.

The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 312.10,+4.21%), Larsen & Toubro Ltd. (Rs. 1462.80,+3.11%), ICICI Bank Ltd. (Rs. 1205.95,+2.77%), Tata Power Company Ltd. (Rs. 90.05,+2.21%), NTPC Ltd. (Rs. 151.25,+1.75%), among others.

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Story first published: Friday, May 24, 2013, 14:20 [IST]
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