Saturday 28 February 2015

Sensex, Nifty in green ahead of Union Budget

Auto, consumer Durables, power, banking, capital goods, metal, realty, FMCG, Oil and gas indices are the gainers, while healthcare indices is only the loser.

At 10:25AM, the S&P BSE Sensex is trading at 29,450 up 230 points, while NSE Nifty is trading at 8,908 up 63 points.
The BSE Mid-cap Index and BSE Small-cap Index was trading up at 1%.
Among sectors, the BSE IT index has bucked the trend, and is now down 0.3 per cent at 11,837 dragged by MindTree, HCL Technologies and Tech Mahindra.

The Realty index continues to trade with a gain of over 2 per cent at 1,879. The Capital Goods index has climbed almost 2 per cent at 18,168. The Power, Metal and Bankex indices have also spurted over a per cent each.

On the BSE, the breadth is fairly positive in morning session - out of 2,128 stocks traded 1,344 stocks are advancing, while 692 stocks are declining.

Among Sensex-30 stocks - Tata Steel has soared around 3 per cent to Rs. 360. BHEL, HDFC and ICICI bank have jumped over 2 per cent each at Rs. 277, Rs. 1,376 and Rs. 342, respectively.

Larsen & Toubro, SBI, Gail India, Axis Bank, Tata Power and ONGC are the other significant gainers.

On the losing side, Cipla has declined 0.5 per cent at Rs. 666 and Hero MotoCorp and Infosys are also down 0.3 per cent each at Rs. 2,662 and Rs. 2,260, respectively.

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