Mid Market-Sensex strong, manufacturing activity inched up marginally 02/06/2014

Mid Market-Sensex strong, manufacturing activity inched up marginally
02/06/2014 12:24
Indian benchmark indices continued to trade as Indian factory activity expanded at a slightly faster pace in May, a business survey showed. The HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, edged up to 51.4 in May from 51.3 in April. At 12:09PM BSE SENSEX was at 24557.96 up by 340.62 points or by 1.41 per cent and NSE Nifty was at 7321.55 up by 91.6 points or by 1.27 per cent.

The BSE MIDCAP was at 8616.36 up by 149.14 points or by 1.76 per cent, while the BSE SMLCAP was at 9158.81 up by 143.08 points or by 1.59 per cent.

The BSE Sensex touched intraday high of 24562.29 and intraday low of 24270.2, While the NSE Nifty touched intraday high of 7324.7 and intraday low of 7239.5. Sensex Watch The top gainers of the BSE Sensex pack were Larsen & Toubro Ltd. (Rs. 1640.60,+5.92%), State Bank of India (Rs. 2642.70,+3.97%), Bharat Heavy Electricals Ltd. (Rs. 249.30,+2.95%), Axis Bank Ltd. (Rs. 1888.00,+2.82%) and Housing Development Finance Corporation Ltd. (Rs. 900.00,+2.67%).

The top losers of the BSE Sensex pack were Hindustan Unilever Ltd. (Rs. 593.50,-1.24%), Wipro Ltd. (Rs. 498.85,-1.22%), Sun Pharmaceutical Industries Ltd. (Rs. 600.05,-1.21%), ITC Ltd. (Rs. 337.75,-1.10%) and Tata Consultancy Services Ltd. (Rs. 2128.20,-0.75%).

Nifty Watch The top gainers of the NSE Nifty pack were Larsen & Toubro Ltd. (Rs. 1644.90,+6.43%), Bharat Petroleum Corporation Ltd. (Rs. 545.00,+4.43%), NMDC Ltd. (Rs. 176.65,+3.91%), Power Grid Corporation of India Ltd. (Rs. 126.00,+3.28%) and Jindal Steel & Power Ltd. (Rs. 307.20,+3.17%).

The top losers of the NSE Nifty pack were NTPC Ltd. (Rs. 157.80,-1.68%), Sun Pharmaceutical Industries Ltd. (Rs. 600.90,-1.60%), Hindustan Unilever Ltd. (Rs. 594.55,-1.46%), Wipro Ltd. (Rs. 499.50,-1.32%) and ITC Ltd. (Rs. 337.85,-1.14%).

Mid Market-Sensex weak, IT major Infosys decline : 29/05/2014

Mid Market-Sensex weak, IT major Infosys decline
29/05/2014 12:49
Indian markets extended their losses due to weakness in Infosys and metal space. Infosys is under selling pressure after B G Srinivas, President and Board member tendered his resignation from the company. The stock is quoting at Rs 2948, decline by over 7 per cent.

At 12:03PM BSE SENSEX was at 24398.57 down by 157.52 points or by 0.64 per cent and then NSE Nifty at 7296.6 down by 33.05 points or by 0.45 per cent.

The BSE MIDCAP was at 8488.63 up by 25.54 points or by 0.3 per cent, while the BSE SMLCAP was at 9038.18 up by 9.36 points or by 0.1 per cent.

The BSE Sensex touched intraday high of 24528.2 and intraday low of 24357.95 The NSE Nifty touched intraday high of 7325.4 and intraday low of 7279.9.

Sensex Watch

The top gainers of the BSE Sensex pack were NTPC Ltd. (Rs. 154.00,+1.68%), Tata Power Company Ltd. (Rs. 103.65,+1.32%), Dr. Reddy's Laboratories Ltd. (Rs. 2373.00,+1.12%), State Bank of India (Rs. 2632.05,+0.84%) and Axis Bank Ltd. (Rs. 1874.95,+0.74%).

The top losers of the BSE Sensex pack were Infosys Ltd. (Rs. 2948.00,-7.07%), Sesa Sterlite Ltd. (Rs. 268.55,-2.75%), Bharat Heavy Electricals Ltd. (Rs. 244.30,-1.89%), Wipro Ltd. (Rs. 504.20,-1.85%) and Hindalco Industries Ltd. (Rs. 145.00,-1.46%).

Nifty Watch

The top gainers of the NSE Nifty pack were Punjab National Bank (Rs. 1002.30,+3.10%), Bank of Baroda (Rs. 895.10,+2.41%), UltraTech Cement Ltd. (Rs. 2423.00,+2.00%), Tata Power Company Ltd. (Rs. 103.65,+1.42%) and NTPC Ltd. (Rs. 153.20,+1.16%).

The top losers of the NSE Nifty pack were Infosys Ltd. (Rs. 2943.00,-7.26%), Sesa Sterlite Ltd. (Rs. 268.80,-2.77%), Cairn India Ltd. (Rs. 342.10,-2.24%), Wipro Ltd. (Rs. 503.70,-2.05%) and Hindalco Industries Ltd. (Rs. 144.25,-2.00%).

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%).