Friday, 14 August 2015

Sensex rallies 100 points; pharma, banking stocks gain

Some buying activity is seen in pharma, consumer durables, banking, auto, capital goods and IT sectors, while metal, oil&gas and fmcg sectors are showing weakness on BSE.The BSE Mid-cap Index is trading up 0.54% at 11,190, whereas BSE Small-cap Index is trading up 0.37% at 11,611.


Bombay Stock Exchange Up
The market has kick-started the day on a firm note - with the BSE Sensex up 119-odd points at 27,668 and the NSE Nifty up 47-odd points at 8,402, trading positive Asian cues.

The key benchmark indices touched a high at 27,711 and 8,409, respectively.

Now, the BSE Sensex is up 126 points at 27,675 and the NSE Nifty is up 36 points at 8,392.

The broader market are out-performing the CNX Nifty, the Midcap and Smallcap indices are up 0.6-0.8 percent each at 13,721 and 5,579, respectively.

The Volatility index - India VIX - is now down almost 3 percent at 16.51.

Among sectoral, the CNX Metal index is the only loser - down over 0.5 percent at 1,880, following recent decline.

The CNX Pharma index has jumped 1.4 percent at 13,097. The PSU Bank and Realty indices have spurted almost a percent each at 3,364 and 171, respectively.

The Auto, Bank Nifty, Infra, Energy and Finance indices are the other notable gainers.
Sun Pharma and Idea Cellular are the top gainers in Nifty-50, up almost 2 percent each at Rs. 895 and Rs. 160, respectively.

Cipla has jumped over 1.5 percent at Rs. 737. Bharti Airtel and Lupin have advanced 1.4 percent each at Rs. 390 and Rs. 1,782, respectively.

Bank of Baroda, Asian Paints, HCL Technologies, Punjab National Bank and Tata Power are the other prominent gainers.

On the losing side, Cairn India plunged over 3 percent at Rs. 149. Vedanta slipped nearly 2 percent each at Rs. 101.

NMDC has dropped 1.5 percent at Rs. 95.60. Tech Mahindra and Tata Steel have shed over a percent each at Rs. 544 and Rs. 231, respectively.

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