The markets closed in green, they were choppy and were moving within a tight range throughout the day.
The BSE Sensex finally closed at 10,695.26 up 86 points.
The Nifty closed at 3150.95 up 22.75 points.
The BSE Small Cap Index closed at 5,362.53, up 5 points.
The BSE Midcap Index ended at 4,394.79, up 14 points.
The market breadth was mixed, about 1164 shares advanced, 1140 shares declined, and 77 shares remained unchanged.
The NSE cash turnover was at Rs 5055.19 crore (Rs 50.55 billion) and the NSE F&O turnover was at Rs 16281.05 crore (Rs 162.81 billion). The BSE cash turnover was at Rs 2395.26 crore (Rs 23.95 billion). Total market wide turnover was at Rs 23731.5 crore (Rs 237.31 billion).
F&O update
- Turnover at Rs 16281.05 cr
- F&O turnover, write "Lowest since Feb 27, 2006"
- Nifty Futures at 29 pts discount
- Top Traded: India Cements, Sterlite Ind, HLL, Ashok Leyland, RIL, Tata Steel and IPCL
- Nifty Futures adds 16 lakh shares in OI
- Ashok leyland, Essar Oil adds 4 lakh shares in OI
- ITC, RIL, Tata Steel adds 7 lakh shares in OI
- Reliance Capital adds 5 lakh shares in OI
- TVS Motor adds 5 lakh shares in OI
- VSNL adds 4.5 lakh shares in OI
The BSE Metal Index advanced by 0.89% at 8,529.95. JindalStainless, Tata Steel, Jindal Steel, Nalco, and Sterlite Ind witnessed heavy buying interest.
The BSE Consumer Durables Index gained 0.71% at 2,756.82. Titan Industries, Blue Star, Whirlpool, Su-Raj Diamonds and BPL moved up.
The BSE FMCG Index was up 1.58% at 1,980.57. Colgate, P&G, HLL and Nestle closed in green.
The BSE Oil and Gas Index rose 0.84% at 5,338.08. ONGC, Chennai Petro, IOC and Reliance advanced higher.
The BSE IT Index was up by 1.53% at 3,800.68. TCS, Infosys, HCL Tech, Moser Baer and Satyam moved up.
The BSE Capital Goods Index was up 0.41% at 7,056.90.
The BSE Bankex was up 0.24% at 4,359.28.
The Auto index closed at 4,735.48, down 0.4%.
Markets today
- Markets end higher amid lacklustre trade
- Sensex up 0.8% at 10695.26, Nifty up 22 pts at 3150
- Frontline technology stocks lead the rally
- TCS up 3.7%, Infosys up 2.42% ahead of quarterly results
- SBI gained 2% on government stake sale report, BSE Bankex ends 0.24% higher
- FMGC stocks surge on monsoon revival hopes, HLL gains 3.4
- BSE Metals index up nearly 1%, Hindalco, Nalco surge on price hike
- Auto stocks end lower on profit booking, BSE Auto index down 0.38%
- Midcap stocks under perform, CNX Midcap index end flat
- Total turnover at Rs 23731.5, lowest in 2006
Sensex @ 1415 hrs
The markets have inched northwards on the back of buying in select index pivotals.
At 2:15 pm, the Sensex was trading at 10,701 up 91 points and the Nifty was trading at 3,149 up 21 points.
About 1056 shares have advanced, 1118 shares declined, and 77 shares are unchanged.
The BSE sectoral indices are trading mixed. FMCG and IT stocks are witnessing buying.
The major gainers on the indices were HLL up 3.88%, TCS up 2.21%, Infosys up 1.66% and ITC up 1.59%.
Among the major laggards were Wipro down 2.68%, HDFC Bank down 2.29%, Grasim down 1.59% and Tata Motors down 0.98%.
Sensex @ 1241 hrs
The markets are witnessing choppy trades. At 12.41 pm, the Sensex was up 14.44 points or 0.14% at 10,623.69, and the Nifty was up 1.85 points or 0.06% at 3130.05.
About 1037 shares have advanced, 1019 shares declined, and 76 shares are unchanged. HLL, TCS, Hindalco, Infosys, Oriental Bank and Nalco were top gainers on the indices.
Reliance Comm, ONGC, Grasim, HDFC Bank and Sun Pharma were top loser on the indices.
The BSE FMCG index has outperformed the other indices. It was up by 1.16% at 1972.44 amid buying are seen in P & G, Colgate, HLL and ITC.
Buying is also seen in auto, bank, consumer durable, technology, metal and oil & gas stocks.
However, capital goods and pharma stocks witnessing selling pressure.
Index heavyweight Hindustan Lever was trading at Rs 234.75, up 2.47% from its previous close of Rs 229.10.
Cigarette major ITC was trading at Rs 184.15, up 1.04% from its previous close of Rs 182.25.
Reliance Communications was quoting at Rs 240.80, down Rs 8.15, or 3.27%.
Sensex @ 1208 hrs
The markets has been rangebound with selective buying in index pivotals. At 12:08 pm, the Sensex was trading at 10,641.47 up 32 points and the Nifty was trading flat at 3130.
About 1105 shares have advanced, 821 shares declined, and 68 shares are unchanged.
The major gainers on the indices were TCS, HLL, Hindalco, Infosys, Nalco and HPCL.
Among the major laggards were Reliance Comm, HDFC, Bharti Airtel, Grasim, Sun Pharma, Zee and Siemens.
Sensex @ 1057 hrs:
The markets are trading flat in line with most of its Asian peers. At 10:57 am, the Sensex was trading at 10629 up 19 points and the Nifty was trading at trading flat at 3130.
About 859 shares have advanced, 671 shares declined, and 53 shares are unchanged.
The BSE sectoral indices are trading mixed. IT and metal stocks are witnessing some buying.
The major losers on the indices were Reliance Comm, HDFC, Bharti Airtel, Grasim, Sun Pharma, Zee and Siemens.
The major gainers on the indices were TCS, Hindalco, Satyam, Infosys and Nalco.
Sensex @ 0959 hrs:
The markets have opened on positive note but are witnessing volatile trade in the morning session. At 9:59 am, the Sensex was up 75 points at 10684 but failed to hold that upside. It became volatile. The Nifty was up 1.70 points at 3129.
Maruti, Ashok Leyland, ICICI Bank, Hindalco, TCS, Wipro, Ranbaxy, SBI, Hero Honda, TVS Motors, Bajaj Auto, ITC, ACC and Tata Steel were trading up.
However, selling was seen in VSNL, Suzlon, HDFC, Zee, OBC, Sun Pharma, HDFC Bank, Gujarat Amb Cements and ONGC.
FIIs and MFs:
FIIs net sell USD 61.7 millon in equity on June 29
MFs net buy Rs 42.88 crore (Rs 428.8 million) in equity on June 29
NSE F&O Open Interest up by Rs 2,763 crore (Rs 27.63 billion) at Rs 18,790 crore (Rs 187.90 billion)
Corporate news:
JSW Steel hikes HR product prices by Rs 750/tonne
Hindustan Zinc cuts zinc prices by Rs 2,300/tonne
Maruti June car sales up 17% at 48,425 units
Nalco hikes product prices by Rs 2,000/tonne
Welspun India to announce international acquisition on Monday
Tata Steel hikes HR coil prices by Rs 500-700/tonne
Hero Honda June sales up 23% at 2.78 lakh units versus 2.26 lakh units (YoY)
TVS Motor June total sales up 17% at 1.26 lakh units versus 1.08 lakh units; Motorcycle sales up 24% at 74,683 units versus 60,170 units (YoY)
Bajaj Auto June sales at 2.13 lakh units versus 1.61 lakh units; Bike sales at 1.83 lakh units versus 1.30 lakh units (YoY)
Fuel price revision
Govt allows monthly revision of petrol, diesel prices at June 20 meet
Govt Allows Monthly revision of LPG, Kerosene prices at June 20 Meet
Oil Cos advised to ensure revision date doesn't become predictable
Oil retail prices to change only on every USD 1 rise in World prices
revision to be on previous month price; no govt nod needed
Oil bond issue, subsidy from ONGC, Gail on audit committee report
Refiners, incl pvt, to pay Rs 2,500-3,000 crore in discount to mktg cos
Oil mktg cos to get payment from ONGC, GAIL, OIL every quarter
Spentex-Indo Rama Textiles merger: Swap ratio of 9 shares of Spentex for every 10 of Indo Rama Textiles
Hindujas to buy out Iveco's 30% stake in Land Rover Leyland International, effectively 15% in Ashok Lelyand
Ashok Leyland close to acquiring a European light commercial vehicle maker
Essar buys GDR holders in Essar Oil & Essar Shipping, promoter's holding to go up over 75%
Govt may lower SBI holding to 51%, plans public offer, offer of shares to staff
Tata Motors is developing a mirco bus on Tata Ace platform
Essar Steel to invest USD 1.5 billion in West Asia
Anil Ambani rejects Qualcomm's discount proposal
GoAir to sell 15% stake to private equity investors for Rs 95 crore
RNRL emerges as strong contender for 6 coal blocks
Goetze board approves rights issue
