Indices Remain Strong, BHEL Jumps 8%
Suparna / 23 Aug 2013
The indices turned volatile after mid-session but closed near their day’s high. The Nifty ended with gains of 63 points at 5471 and Sensex was 206 points higher at 18519.
The Indian markets not only opened on a positive note today but ended with good volumes too. The indices turned volatile after mid-session but closed near their day’s high. The Nifty ended with gains of 63 points at 5471 and Sensex was 206 points higher at 18519.
The advance-decline ratio also ended on the positive side. On the NSE, 1779 shares closed in green and 1532 shares ended the day in red.
Top 5 Nifty Gainers: BHEL closed the day with the top gains on the NSE, up by 8.5%. HCL Tech, Tata Power, Jindal Steel and Reliance Infra were the others that ended higher.
Top 5 Nifty Losers: DLF was the top loser, down by 4.8%, followed by UltraTech Cement, Sesa Goa, NTPC and Cipla.
All the indices ended in positives. Bankex was the top gainer for the day, up by 202 points. Auto and Oil & Gas were up by 202 points and 128 points respectively. Capital Goods and IT also both gained more than 100 points. Mid-Caps and Small-Caps were up in the range of 40 points.
In the Asian markets, the Nikkei ended higher by 295 points. Hang Seng, though, closed down by 31 points. Taiwan and KOSPI indices ended on a positive note.
Buzzer: Bharat Heavy Electricals has emerged as the lowest bidder for the 1000 MW Neyveli Lignite Corporation (NLC) unit tender. The stock surged by 8% and made a high of around Rs 117. Going ahead, the stock has a major hurdle at Rs 120.
The Nifty Futures closed above the 5450 level, and may see a positive opening in the next trading session.
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