Market Today

The Sensex ended the day on a positive note. Auto, realty and metal stocks gained ground, while PSU edged lower. It opened with a loss of 9.39 points, at 15,000.38 on Tuesday tracking global cues. It pared all its early losses and moved up into the positive territory on the back of buying interest seen in frontliners. It continued to trade on a firm note till after noon trades. However, the index shed gains and again fell into the negative territory, to bounce back into the positive zone. Even opening of positive European market added fuel to the sentiment.

BSE Midcap and Smallcap index rose 1.10% and 0.55% respectively.

Among the sectoral indices, BSE Auto surged 3.07%, Realty and Metal gained over 2% each, while PSU dipped 0.02% respectively.

Asian stocks rose for a second day as earnings reports and brokerage upgrades boosted confidence that corporate profits are recovering from the global recession. Japanese benchmark index Nikkei gained 61.20 points, or 0.58%, to end at 10,585.46. Hong Kong`s Hang Seng index picked up144.69 points, or 0.69%, to close at 21,074.21. China`s Shanghai Composite gains 14.97 points, or 0.46% to settle at 3,264.73

European stocks rose as Resolution agreed to buy Friends Provident Group and a report showed the UK housing market improved in July, fuelling speculation the recession is ending. UK`s benchmark index FTSE 100 declined 8.06 points, or 0.17%, to trade at 4,714.14. French benchmark index CAC 40 rose 2.02 points, or 0.06%, to trade at 3,506.56. Germany`s benchmark index DAX dropped 22.82 points, or 0.42% to trade at 5,395.30. (4.10 p.m., IST)

The Sensex ended the day with a gain of 64.82 points, or 0.43% at 15,074.59 after touching a high of 15,218.65 and a low of 14,864.23. The broad-based NSE Nifty gained 33.70 points, or 0.76% at 4,471.35 after hitting a high of 4,510.80 and a low of 4,398.90.



Major gainers in the 30-share index were Tata Motors (6.81%), Mahindra & Mahindra (3.55%), Hindalco Industries (3.38%), Maruti Suzuki India (3.23%), Bharti Airtel (2.23%), and Tata Power Company (1.81%).

On the other hand, Jaiprakash Associates (2.64%), Housing Development Finance Corporation (1.11%), NTPC (0.88%), Oil & Natural Gas Corporation (0.70%), Wipro (0.64%), and ICICI Bank (0.38%) were the major losers in the Sensex.

Overall market breadth was mixed. Out of the total 2,733 stocks traded at BSE, 1,356 advanced, 1,282 declined while 95 remained unchanged.

Shares of Indian drug firms that make the generic version of Roche`s Tamiflu, used to treat H1N1 flu, rose 5-19% on Tuesday as the death toll from the pandemic in the country rose to eight.

The H1N1 virus, commonly known as swine flu, emerged in April in the United States and Mexico, and has spread globally.



Indices Trend
Sensex Nifty
Period Value % Change Value % Change
1 Week 15,924.23 (5.34) 4,711.40 (5.10)
1 Month 13,504.22 11.63 4,003.90 11.67
3 Months 12,158.03 23.99 3,681.10 21.47
6 Months 9,618.54 56.72 2,925.70 52.83
1 Year 14,724.18 2.38 4,430.70 0.92