Market Round Up

The Nifty ended the July series on a strong note and ended above the 4,550 level.

The Sensex gained 215 points to end at 15,388 after swinging between 15,409 and 15,065. The Nifty shut at 4,571 up 58 points.

The market breadth was positive and the volumes were lower compared to previous session, total traded turnover was down by 16% at Rs 1,23,635 cr. as against Rs1,47,352 cr.

The Nifty Aug future ended with 7 points premium at 4,578.

In the July series, the Nifty jumped up 8% led by auto, realty, technology, FMCG and metal stocks. Respective sectors' indices went up 15-22%.

Movers & Shakers

The IT index on the BSE surged 2.8 %. Patni Computer, Mphasis, Aptech and TCS were the top gainers, up over 6 % each. Patni Computer zoomed 12.5 % to Rs 327 on strong quarterly earnings.

The banking index rose 2.2 %. Stocks like Icici Bank, HDFC Bank and SBI were the major gainers up over 3-4 % each. SBI today reported a growth of 42 % in net profit at Rs 2,330.37 cr. for the first quarter ended June 30, 2009.

Realty stocks also moved higher today. The BSE realty index rose 1.3 %. HDIL, Orbit Corporation, Omaxe, Parsvnath, Unitech, DLF and Indiabulls Real moved up 1-3.8%.

FMCG Index was another outperformer, rose 2.7%. HUL shot up 5%. Tata Tea, United Spirits, ITC, United Breweries and Marico went up 1.5-2.8%.

Oil marketing companies witnessed huge buying interest. HPCL shot up 8.01%. BPCL and IOC were up over 4%.

Among the Sensex stocks TCS was the top gainer up 6 % to Rs 530. HUL, Wipro and HDFC were the other main gainers up more than 4 % each.

Sun Pharma, however, was the biggest loser down 3.6 % to Rs 1,145.