Tuesday, September 7, 2010

Sensex ends off highs; capital goods shine, realty hit

Indian equities advanced further Tuesday, even as Asian and European markets fell and US futures eased after the central banks of Japan and Australia said the US growth outlook is deteriorating.

Capital goods scored over all others, with the respective BSE index gaining 1.25 per cent. IT stocks followed by adding 1 per cent to the BSE IT Index.

After rising consistently, realty shares met with profit booking and the BSE sector index was down 1.15 per cent. Other sectors to end in the red were healthcare, automobiles, banking and consumer durables.

National Stock Exchange’s benchmark Nifty closed the session at provisional 5592.15, adding 15.2 points or 0.27 per cent. The 50-share index recorded a high of 5625.50 versus a low of 5571.65.

Sensex ended the day at 18,600.56, up 40.51 points or 0.22 per cent. The Bombay Stock Exchange’s 30-share index touched a high of 18,711.20 against a low of 18,571.43.

Top gainers among the Sensex stocks were ACC (6.20%), Larsen & Toubro (2.42%), Tata Consultancy Services (1.75%), Jaiprakash Associates (1.54%), Jindal Steel (1.45%), NTPC (1.22%), Maruti Suzuki (0.98%), Infosys Technologies (0.79%), Reliance Industries (0.64%).

Losers included State Bank of India (-1.18%), Hindustan Unilever (-0.90%), Mahindra & Mahindra (-0.81%), ICICI Bank (-0.73%), HDFC (-0.68%), HDFC Bank (-0.62%), Tata Power (-0.62%), DLF (-0.58%), BHEL (-0.55%).

Source http://economictimes.indiatimes.com/markets/stocks/market-news/Sensex-ends-off-highs-capital-goods-shine-realty-hit/articleshow/6512659.cms

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