Monday 29 December 2014

Sensex, Nifty trade firm

The market continues to on a positive note in noon deals. As of 1425 hrs, the BSE Sensex is up 179 points at 27,421 and the NSE Nifty is up 58 points at 8,258.

The broader markets are still out-performing the NSE Nifty, the CNX Mid-cap, Small-cap and Nifty Junior indices have advanced almost a per cent each at 12,420, 5,166 and 18,373, respectively.

All sectors indices are in green, except, the CNX PSU Bank index down 0.2 per cent at 4,220.

The Metal index continues to trade on a firm note - with a surge of 2.5 per cent at 2,680. The Auto and Energy indices have spurted over a per cent each at 8,303 and 8,688, respectively.

The FMCG, Pharma and IT indices are the other prominent gainers.

Among Metal shares, Sesa Sterlite has soared almost 4 per cent at Rs. 215. SAIL and Hindalco have surged over 3 per cent each at Rs. 83.55 and Rs. 157, respectively.

JSW Steel has jumped around 3 percent at Rs. 1,075. Jindal Steel and Coal India have spurted over 2 per cent each at Rs. 152 and Rs. 387, respectively.

Tata Steel, National Aluminium and Jindal Saw have rallied over 1.5 per cent each at Rs. 405, Rs. 54.15 and Rs. 92.80, respectively.

Gujarat Mineral, Hindustan Copper, Bhushan Steel and Orissa Minerals are the other notable gainers.

On the other hand, NMDC has bucked the trend, and has declined over 0.5 per cent at Rs. 143.


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