Market
closing: After a volatile hour of trading, the market ended on a flat note. The
Sensex was up 26.57 points or 0.1 percent at 25868.49 and the Nifty ended up
13.80 points or 0.2 percent at 7856.55. About 1450 shares have advanced, 1203
shares declined, and 231 shares are unchanged. GAIL, Wipro, Maruti, Dr Reddy
and Cipla were top gainers while Sun Pharma, ITC, Hindalco, HDFC and Hero were
losers.
Among consumer discretionary stocks, auto majors Maruti and M&M ended nearly 2% higher, while in the consumer durables segment Voltas and Whirpool were the top gainers.
IT exporters gained on hopes of new orders on the back of US economy picking up pace. Infosys, TCS and Wipro ended up 2% higher.
Cochin Shipyard Ltd (CSL), which recently got the government's nod for an initial public offer (IPO), is planning to raise around Rs 600-700 crore through the stake sale. The government has approved 10% stake sale in Cochin Shipyard -- along with Coal India -- as part of restarting its disinvestment programme that had been put on hold in a weak market.
Among others, Shares of select non-A group stocks such as RPG Life Sciences, SpiceJet, OnMobile Global, Sasken Communication, Intellect Design Arena, Kinetic Engineering, Bombay Rayon Fashions, Manugraph India, Radico Khaitan and Simplex Castings have touched their respective 52-week highs and rallied by up to 20% on the Bombay Stock Exchange (BSE) today.
Shares of Punj Lloyd ended up over 2% on the Bombay Stock Exchange after the company said that it has received two rural electrification contracts worth Rs 483 crore from NTPC.
Shares of RPP Infra Projects ended up nearly 3% on the Bombay Stock Exchange after the company said it has recceived orders worth Rs 25.6 crore from the National Highway Authority of India (NHAI).
IT exporters gained on hopes of new orders on the back of US economy picking up pace. Infosys, TCS and Wipro ended up 2% higher.
Cochin Shipyard Ltd (CSL), which recently got the government's nod for an initial public offer (IPO), is planning to raise around Rs 600-700 crore through the stake sale. The government has approved 10% stake sale in Cochin Shipyard -- along with Coal India -- as part of restarting its disinvestment programme that had been put on hold in a weak market.
Among others, Shares of select non-A group stocks such as RPG Life Sciences, SpiceJet, OnMobile Global, Sasken Communication, Intellect Design Arena, Kinetic Engineering, Bombay Rayon Fashions, Manugraph India, Radico Khaitan and Simplex Castings have touched their respective 52-week highs and rallied by up to 20% on the Bombay Stock Exchange (BSE) today.
Shares of Punj Lloyd ended up over 2% on the Bombay Stock Exchange after the company said that it has received two rural electrification contracts worth Rs 483 crore from NTPC.
Shares of RPP Infra Projects ended up nearly 3% on the Bombay Stock Exchange after the company said it has recceived orders worth Rs 25.6 crore from the National Highway Authority of India (NHAI).
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