Sensex Ends 500 Points Higher
Suparna / 28 Jun 2013
The bulls tool charge in the Indian markets today. The Nifty ended 160 points up and closed the day at 5842, while the Sensex closed 519 points up at 19395. Both the indices ended higher by 2.8% and 2.75% respectively.
The bulls tool charge in the Indian markets today. The Nifty ended 160 points up and closed the day at 5842, while the Sensex closed 519 points up at 19395. Both the indices ended higher by 2.8% and 2.75% respectively.
The advance-decline ratio ended in positives. On the NSE, 1000 shares closed in green, while 376 shares were in the red.
Top Nifty Gainers: Jindal Steel gained 8.7% and was the top gainer on the index. BHEL, BPCL, Reliance Infra and Tata Power were among the others in gains.
Top Nifty Losers: Ranbaxy Labs finished as the top loser on NSE, down by 2.7%, followed by HCL Tech, HUL and UltraTech Cement.
All the sectoral indices ended higher. Bankex was the top gainer, up by 408 points, Capital Goods gained 353 points, Metals was higher 348 points and Oil & Gas gained 289 points. Mid-Caps were up by 204 points.
The leading Asian indices also closed on a positive note. Nikkei was the top gainer, up 463 points and Hang Seng was 363 points higher.
Buzzers: Crompton Greaves is set to buyback upto Rs 266 crore worth of shares, and has fixed a maximum buyback price of Rs 125 per share. The stock was at Rs 87.25, up Rs 7.10 or 8.86% on the BSE.
Index heavyweight Reliance Industries was leading the gains after the Cabinet Committee on Economic Affairs doubled the price of domestic natural gas. The stock closed at Rs 862, up by 3.1%.
The Nifty has seen a bullish crossover at 5800, which is a positive signal for the next trading session.
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