Mid Market-Sensex extend gains, Tata Comm. Up 4%

Mid Market-Sensex extend gains, Tata Comm. Up 4%
19/05/2014 12:28
Indian benchmark indices extend its rally taking BSE SENSEX was to 24285.84 up by 164.1 points or by 0.68 per cent and NSE Nifty to 7241.75 up by 38.75 points or by 0.54 per cent.

Shares of Tata Communications rose over 4 percent intraday as it is selling its South African telecom unit Neotel. Vodafone-owned Vodacom has agreed to buy South Africa’s internet-provider Neotel for ZAR 7 billion (South African rand).

The BSE MIDCAP was at 7960.1 up by 194.38 points or by 2.5 per cent, while the BSE SMLCAP was at 8192.58 up by 306.82 points or by 3.89 per cent. Sensex Watch

The top gainers of the BSE Sensex pack were Coal India Ltd. (Rs. 377.60,+9.24%), NTPC Ltd. (Rs. 140.30,+6.41%), Tata Power Company Ltd. (Rs. 96.40,+6.40%), Oil And Natural Gas Corporation Ltd. (Rs. 407.75,+5.92%) and Hindalco Industries Ltd. (Rs. 148.15,+5.00%).

The top losers of the BSE Sensex pack were Tata Consultancy Services Ltd. (Rs. 2034.00,-5.73%), Sun Pharmaceutical Industries Ltd. (Rs. 581.35,-5.19%), Infosys Ltd. (Rs. 3028.00,-4.72%), ITC Ltd. (Rs. 342.25,-4.28%), Wipro Ltd. (Rs. 483.85,-3.78%), among others.

Nifty Watch

The top gainers of the NSE Nifty pack were Coal India Ltd. (Rs. 376.00,+8.86%), Punjab National Bank (Rs. 989.00,+7.74%), Sesa Sterlite Ltd. (Rs. 228.35,+6.23%), Bharat Petroleum Corporation Ltd. (Rs. 584.00,+5.78%) and Tata Power Company Ltd. (Rs. 95.95,+5.56%).

The top losers of the NSE Nifty pack were HCL Technologies Ltd. (Rs. 1277.85,-6.39%), Tata Consultancy Services Ltd. (Rs. 2033.95,-5.87%), Sun Pharmaceutical Industries Ltd. (Rs. 580.00,-5.46%), Infosys Ltd. (Rs. 3013.60,-5.16%) and Wipro Ltd. (Rs. 480.55,-4.43%).