14 Jan 2009,
Markets closed near the day’s high on Wednesday led by heavy buying activity in Reliance Industries and other Reliance Group (Mukesh and Anil Ambani) stocks.
There are rumours that warring brothers may head for some amicable settlement bringing end to their business rivalry over gas dispute. Sustained buying activity was also seen in IT and metal stocks.
Bombay Stock Exchange’s Sensex ended at 9,409.18, up 337.82 points or 3.72 per cent. The index touched an intra-ay high of 9,409.18 and low of 9202.57.
National Stock Exchange’s Nifty was at 2852.65, up 107.70 points or 3.92 per cent. The broader index touched a high of 2853.25 and low of 2748.55.
BSE Midcap Index was up 2.16 per cent and BSE Smallcap Index gained 1.38 per cent.
Biggest Sensex gainers were Reliance Communications (13.1%), Reliance Infrastructure (12.04%), Reliance Industries (10.93%), Infosys Technologies (6.23%) and Tata Steel (5.79%).
Losers comprised Grasim Industries (-3.21%), HDFC Bank (-1.61%), Maruti Suzuki (-1.23%), Sun Pharmaceuticals (-0.84%) and Hindustan Unilever (-0.37%).
Market breadth on BSE showed 1398 advances against 984 declines on the BSE.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment