Sensex consolidates, broader markets rise (Roundup)
July 4th, 2011 - 6:47 pm ICT by IANS
Mumbai, July 4 (IANS) A benchmark index for Indian equities markets Monday closed on a dull note, bogged down by consolidation in heavyweight scrips while broader markets ended the day with much higher gains.
Indian equities markets had rallied last week.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,896.24 points, closed at 18,814.48 points, up 51.68 points or 0.28 percent from its previous close at 18,762.8 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange nudged up 0.41 percent and closed at 5,650.5 points.
Broader markets saw better buying support with the BSE midcap index closing 0.92 percent higher and the BSE smallcap index ending 1.19 percent up.
The market breadth was positive, with 1,766 stocks advancing, 1,075 on the decline and 123 remaining unchanged.
Realty, consumer durables and banking scrips were among major gainers while weakness was seen in capital goods and FMCG scrips.
Among gainers on the 30-scrip Sensex were Reliance Infra, up 6.84 percent at Rs.578.70; DLF, up 6.01 percent at Rs.233.60; RCom, up 3.29 percent at Rs.100.60 and Hindalco, up 1.9 percent at Rs.189.95.
Losers included ITC, down 1.34 percent at Rs.199; L&T;, down 0.88 percent at Rs.1,791.80; Tata Steel, down 0.86 percent at Rs.596.85 and NTPC, down 0.81 percent at Rs.184.50.
Tracking gains at the Wall Street over the weekend, Asian markets closed in the green. US markets had rallied Friday after economic data released showed that the manufacturing sector had seen better off-takes than expected.
The Nikkei of the Japanese stock exchange closed 0.98 percent up at 9,965.09 points.
The Hang Seng of the Hong Kong stock exchange moved up 1.66 percent to end at 22,770.47 points, while the Chinese Shanghai composite index was ruling 1.94 percent higher at 2,812.82 points.
European bourses were trading subdued.
Britain’s FTSE 100 was up 0.35 percent at 6,010.99 points, the French CAC 40 was ruling 0.1 percent lower at 4,003.3 points.
The German DAX was up 0.15 percent at 7,430.49 points.
- Sensex closes lower amid dull global cues (Roundup) - Jul 05, 2011
- Sensex plunges 277 points on weak global cues (Roundup) - Apr 23, 2012
- Sensex slips 136 points, consumer durables, banking stocks lose (Lead) - Mar 28, 2012
- Sensex down 89.56 points in noon trade - May 14, 2012
- Sensex closes flat in choppy trade (Lead) - May 25, 2012
- Sensex ends 56 points down ahead of F&O; expiry (Lead) - Apr 25, 2012
- Indian equities markets down, Sensex edges lower (Roundup) - Jul 15, 2011
- Sensex down 146.58 points during noon trade - May 11, 2012
- Sensex ends in green; FMCG, auto stocks rally (Lead) - Apr 10, 2012
- Sensex climbs 119 points; SBI, RIL rally (Lead) - Apr 03, 2012
- Sensex up 144 points in noon trade - May 10, 2012
- Sensex falls 59 points as bearish mood prevails (Lead) - May 10, 2012
- Sensex rises, capital goods, metal and IT stocks buying picks up - May 15, 2012
- Sensex holds on to gains, but slips from 18,000 - Feb 29, 2012
- Sensex falls 97 points in choppy trade (Lead) - Dec 27, 2011
Tags: asian markets, benchmark index, bombay stock exchange, consumer durables, european bourses, ftse 100, hindalco, hong kong stock, hong kong stock exchange, japanese stock, kong stock exchange, market breadth, national stock exchange, ntpc, rcom, scrips, sensitive index, shanghai composite index, smallcap index, tata steel