Sensex Up 350 Points, Bankex Up 2%

Vinaya Patil / 14 Jun 2013

Sensex Up 350 Points, Bankex Up 2%

The Indian markets closed on the higher end today. The Nifty was closed the day at 5808 and Sensex closed at 19,177. Both the indices ended in green by 1.92% and 1.86% respectively.

The Indian markets closed on the higher end today. The Nifty was up by 109 points to close the day at 5808 and Sensex closed at 19,177, up by 350 points. Both the indices ended in green by 1.92% and 1.86% respectively.

The advance–decline ratio ended on a positive side at the end of day. On the NSE, 908 shares closed in green, while 423 shares ended the day in red.

Top 5 Nifty Gainers: Hindalco closed the day with gains of 7.6% as the top Nifty gainer, followed by Tata Motors, Reliance Infra, Maruti Suzuki and JP Associates.

Top 4 Nifty Losers: IndusInd Bank ended the day as the top Nifty loser, down by 1.3%, followed by Hero MotoCorp, HUL and Cipla. 

All the 13 sectors ended on a positive note. Auto is the top gainer, up by 312; Banks and Consumer Durables are up by 266 points and 233 points respectively; Capital Goods and Metals are also up by 215 points and 193 points correspondingly. Mid-Caps and Small-Caps also ended with a positive note.

The Asian markets closed on a positive note. Nikkei closed up by 241 points. Hang Seng ended in green, up by 82 points, while China’s Shanghai Composite, Straits Times, and Taiwan indices also ended on a positive note.

Buzzers: Tata Motors showed strong trade today after JLR's May 2013 retail sales reported better-than-estimated figures. The total sales grew by 14% MoM with a strong performance by Jaguar.

Nifty managed to close above the 5800 level .Going ahead we could see an up-move above this level.

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