After Market Report : Nirmal Bang
Market Round Up
The markets witnessed huge buying interest on the first day of August series and closed on a strong note. It touched a new 2009 highs of 15,732 on the back of strong earnings and Nifty ended above the 4,600 level. The Sensex surged 282 points or 1.83% to settle at 15,670. The Nifty shut shop at 4636 up 1.42% or 65 points, after touching a day's high of 4669. Buying was seen in oil & gas exploration, banking, FMCG, capital goods, technology, metal and select pharma shares. The Aug nifty future ended with
17 points premium.
Movers & Shakers
The BSE FMCG index surged 3.2 % on heavy gains in Britania, Hindinlivr, and ITC were up 2.5-3.5% each.
The BSE oil & gas index rose 2.6 %. Reliance Ind rose 3.8%, Ongc rose 6.2%, RPL up 3%.
The BSE banking index was up 1.9 %. SBI rose 5.5%, HDFC Bank up 2.3%, HDFC up 2.8%.
The IT index advanced 1.8 %. Patni Computer soared 10.3 % to end at Rs 361. Infosys rose 2.3%.
Realty stocks were under pressure. The realty index on the BSE fell 1.3 %. Omaxe, Ackruti City and Unitech shed over 2 % each.
In the Sensex pack Hindalco was the top gainer, gained 6.6 % to end at Rs 100. Tata Motors, ONGC and SBI were the other major gainers, up over 5 % each.
Bharti Airtel, however, was the biggest loser in the group lost 3 %