SENSEX Marks Day’s Highest, Up 161 Points
Sensex witnessed growth, where majorly trade took place in the afternoon. The total number of shares which highly developed were 1587, 1148 shares declined and 931 shares did not witness any change in their position.
Sectors which contributed the market to follow an upgrade graph were IT, banks and metal stocks. Stocks that heavily contributed to the market were Reliance, Infosys, TCS, NTPC and ICICI Bank.
Top gainers on the Sensex were Sterlite Ind, which rose by 1.7%, NTPC was up by 1.77%, TCS rose by 1.67%, Infosys was up by 1.05%.Marked improvement was seen in Infosys, which earlier was not performing well. Even, ITC was trading at Rs 203.00 as compared to previous close of Rs 201.25.
Coming on to those, which did not perform well were Tata Motors, Maruti Suzuki, Hero Honda, HDFC Bank, and HUL. The low performance of Maruti Suzuki could be taxing for them, when their launch of new Swift is listed next month.
Most dynamic shares on BSE were Rushil Decor, VIP Industries, SBI, Sterling Holida and TTK Prestige. One of the reasons for the hit back of Sensex is also due to the strong opening of European markets. At present, Sensex is up by 161 points, but Nifty added 50 points.
The comeback of European market was a major factor for regained strength of equities.