Market Round Up

The markets bounced back after yesterday's biggest slide in more than a month. The Sensex closed at 15,035 up 250 points after trading between 14,740 and 15,134. The Nifty closed at 4,458 up 71 points or 1.62%. Among the broader indices - the BSE Midcap and Smallcap indices rose 2% each. Capital goods, realty, telecom and metal stocks saw good buying support in today's rally. The market breadth was positive and the total traded turnover was higher at Rs 94,599 cr. as against Rs 91,347 cr. The Aug nifty future ended with 4 points discount.

Movers & Shakers

The BSE Capital Goods Index witnessed buying interest, rose 3.6%; Siemens, Punj Lloyd and L&T surged 5% each. BHEL was up 2.8%.

Metal stocks like Hindalco surged 6%. JSW Steel, NALCO, Jindal Saw, Tata Steel, Jindal Steel, Hindustan Zinc and SAIL gained 1-3.8%.

In the telecom pack, Bharti Airtel, RCOM, Idea Cellular and Tata Teles went up 2-2.9%.

In the auto pack, Bharat Forge shot up 8.5%. M&M, Maruti Suzuki and Tata Motors moved up 1-2.6%.

Technology stocks like Rolta and Mphasis surged over 9%. Tech Mahindra, NIIT, Patni Computer and Aptech gained 2-4.4%.

Among the Sensex stocks, Hindalco surged 6 % to 106. Tata Steel was up 3.1 %. L&T was up 4.6 % to 1477.

Among the losers, Infosys and TCS were down 0.6 and 0.2 % respectively.