BUSINESS

Sensex gains 65 points at close

September 08, 2006

The markets closed the week on a positive note with broad based buying seen in frontliners and significant buying in midcap stocks. The Sensex was up 64.80 points or 0.55% at 11918.65, and the Nifty up 16.90 points or 0.49% at 3471.45.

About 1527 shares have advanced, 970 shares declined, and 71 shares are unchanged.

The BSE Small Cap Index ended up 1.33% at 6031.23.

The BSE Midcap Index gained 1.11% at 5041.35.

Most of the BSE sectoral indices closed in the positive terrain.

The BSE Auto Index gained 1.20% at 5,207.02. Exide Industrie, Apollo Tyres, Punj Tractors, Hero Honda, MRF and Maruti Udyog were among the gainers.

The BSE Capital Goods Index surged 0.71% at 8,079.73.Ingersoll Rand, KEC Infrastruct, HEG, BHEL, SKF India closed higher.

The BSE Metal Index gained 0.61%at 8,626.27. Welspun Guj, Hind Zinc, Hindalco, NALCO, Jindal Saw and Tata Steel witnessed buying interest.

The BSE FMCG flared 0.98 % at 2,035.76. McDowell, Nirma,  Colgate, HLL, ITC closed in green.

The BSE Health Care gained 0.95% at 3,632.84. Pfizer, Glenmark, Orchid Chemical, Ranbaxy Labs, GlaxoSmithKline gained.

The BSE Oil and Gas Index spurted  0.45% at 5,742.68. Chennai Petro, BPCL, MRPL, HPCL and IOC rose higher.

The BSE Bankex was end with marginal gained 0.03% at 5,361.99. Oriental Bank, IOB, Karnataka Bank, Allahabad Bank, Andhra Bank moved upwards.

The BSE IT Index lost 0.19 % to close at 4,272.97.

The NSE cash turnover was at Rs 7259.64 crore and the NSE F&O turnover was at Rs 23459.44 crore. The BSE cash turnover was Rs 3486.93 crore. Total market wide turnover was at Rs 34206.01 crore.

Markets Today:

Markets end firm led by strong buying in mid cap space

Sensex up 64.80 points at 11918.65; Nifty up 16.90 points at 3471.45

BSE Auto Index up 1.20%; Hero Honda up 3.5%, Maruti up 3%

BSE FMCG Index up nearly 1%; HLL, ITC up over 1% each

BSE Healthcare Index up nearly 1%; Dishman up 7.1%, Glenmark up 3%

CNX Midcap Index up 1.32%; Hotel Leela up 18.7%, Exide Ind up 17.3%

BSE Small Cap Index up 1.33%; ITI up 14%, Shree Digvijay Cem up 9.8%

NSE Advance Decline ratio at 2:1

Total market trunover at Rs 34206.01cr Vs Rs 31702.88 on Thursday

F&O UPDATE

Turnover at Rs 23459.44 cr

Nifty Futures at a 6 pt discount

Top Traded: Indus Ind Bank;Hindalco;RIL;ITC;Essae Oil;IPCL;Ashok Leyland

Nifty Futures add 27 lakh shares in OI

Ashok Ley,IPCL adds 6-7 lakh shares in Oi

Essar Oil adds 9 lakh shares in OI

RIL adds 26 lakh shares in OI

Tata Motors adds 5 lakh shares in OI

TVS sheds 7 lakh shares in OI

VSNL adds 6 lakh shares in OI

Hindalco adds 15 lakh shares in OI

HLL adds 8 lakh shares in OI

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