Reliance Ind, Infosys, HDFC, L&T, ICICI Bank, ONGC, DLF and Bharti Airtel were top contributors in both indices.
Company Name | Last Price | % Change | Market Cap (Rs Cr) | Contribution |
Reliance | 2,143.10 | 4.84 | 155,765.72 | 104.99 |
Infosys | 1,820.60 | 6.45 | 88,516.92 | 78.29 |
HDFC | 2,039.20 | 11.1 | 49,258.33 | 71.88 |
Larsen | 2,297.15 | 7.33 | 60,436.79 | 60.25 |
ICICI Bank | 623 | 5.68 | 69,320.43 | 54.44 |
ONGC | 854.45 | 8.12 | 36,551.19 | 40.11 |
Bharti Airtel | 744.4 | 5.26 | 49,451.03 | 36.09 |
Tata Steel | 741.2 | 6.21 | 37,915.14 | 32.39 |
Satyam | 463.3 | 7.18 | 29,585.91 | 28.96 |
Reliance Comm | 418.4 | 5.66 | 30,225.61 | 23.63 |
SBI | 1,079.25 | 5.33 | 30,672.44 | 22.66 |
HDFC Bank | 1,020.55 | 5.66 | 28,937.32 | 22.63 |
DLF | 423.95 | 15.08 | 10,841.46 | 20.75 |
Nifty has hit a high of 4107.15, gain of 210.40 points or 5.4% over previous close. It was up 196.6 points or 5.05% to settle at 4093.35.
Market breadth was positive; about 1660 shares have advanced while 1241 shares declined. Nearly 232 shares are unchanged.
DLF was the top star in today's trade after the news that its board in meeting on July 10 will consider buyback plan. While discussing reasons of buyback on CNBC-TV18, Ramesh Sanka, CFO of DLF says that the share price is not reflecting intrinsic value of the company. Internal cash flow generation and low share price are key triggers, he said.
Amongst frontliners, DLF was up 15.08%, Reliance Infra 12.60%, HDFC 11.10%, PNB 10.27%, Tata Power 9.11%, ONGC 8.12% and L&T 7.33% while ITC lost 2.10%, HCL Tech -2.21%, ACC -0.66% and Hero Honda -0.1%.
In the F&O segment, mix of short covering and long build-up seen in today's session. Real Estate stocks have seen aggressive long build up while banking and metals stocks seen fresh long build up. Nifty discount narrowed down to 21 points versus 64 point in yesterday’s trade. Hugh unwinding seen in Nifty call options and Nifty 4000 put options seen writing.
Biggest performer of the day was Realty Index, which surged 12.22% or 515.26 points at 4,731.19. Realty stocks like Ansal Properties, Akruti City, HDIL, Peninsula Land, DLF, Indiabulls Real, Anant Raj Ind, Omaxe and Unitech jumped around 7-28%.
Bankex ended with a gain of 336.04 points or 6.02% at 5,919.63. Bank of India, PNB, Karnataka Bank, Kotak Mahindra, Axis Bank, Allahabad Bank, Union Bank, ICICI Bank, HDFC Bank, SBI and Bank of Baroda have gained 5-13%.
Metal Index was up by 744.83 points or 5.96% to settle at 13,239.02, as buying seen in Jindal Steel, Ispat Industries, Sterlite Ind, Tata Steel, Hindalco and Sesa Goa, which gained 6-13%.
Capital goods stocks like Praj Industries, Triveni Engg, Usha Martin, Siemens, Punj Lloyd, Areva T&D, L&T, BEML, Lakshmi Machine and BHEL were up about 5-14%. Index moved up by
IT Index surged 227.80 points or 5.77% at 4,177.75 due to buying in Aptech, Financial Tech, Satyam, Patni Computer, Infosys, I-Flex Solution and Wipro, which gained 6-12%.
Power stocks charged up smartly, which includes Reliance Infra, Tata Power, GMR Infra, Reliance Power, Power Grid Corp, NTPC, Lanco Infratech and Neyveli Lignite. Index jumped up by 123.27 points or 5.72% at 2,280.21.
Auto stocks like M&M, Exide Industries, Ashok Leyland, Bharat Forge, Escorts, Cummins, Hind Motors, Maruti Suzuki and Tata Motors have gained. Index rose 2.6% at 3,498.05.
Telecom stocks also traded strong, which includes Idea Cellular, Reliance Comm, Bharti Airtel, TataTeleservices, MTNL and Tata Comm.
Oil & Gas stocks like RNRL, ONGC, Essar Oil, Petronet LNG and Reliance Ind surged 5-13%. Index was up 461.57 points or 5.28% at 9,195.29.
Amongst pharma stocks, Matrix Lab, Opto Circuits, Aurobindo Pharma, Lupin, Glenmark, Cadila Health, GlaxoSmithKline, Cipla, Biocon and Wockhardt were up 3-7.5%. Index shot up 2.29% to close at 4,167.31.
Midcap Index ended with a gain of 169.44 points or 3.3% at 5,311.30 and small cap with a gain of 121.69 points or 1.91% at 6,506.80. Amongst midcap stocks, Ansal Properties, Shree Renuka, Akruti City, India Infoline, Peninsula Land, Himadri Chem, Bombay Rayon, Ahluwalia, Shree Precoated, IVR Prime, Praj Industries, Educomp, Chennai Petro, IFCI, Triveni Engg, Kalyani Steels, Bajaj Hind and Usha Martin gained 12-28%.
In the small cap space, Apar Ind, Sasken Comm, Lok Housing, Murli, Carol Info, Ganesh Housing, Manugraph Ind, Sakthi Sugars, Jindal Drilling, Geometric, Jagatjit Ind, Grabal Alok Imp and Bajaj Hind were up 12-19%.
However, FMCG Index fell 22.29 points or 1.1% at 1,999.15 due to selling pressure in United Spirits, Britannia, P & G and ITC, which declined 2-3.5%.
Most active counters were Reliance Industries, Reliance Infrastructure, Reliance Comm, L&T, Reliance Petro, ICICI Bank and Reliance Capital.
Turnover traded by the markets also improved a lot, which stood at Rs 79632.44 crore. This includes Rs 15694.10 crore from NSE Cash segment, Rs 57532.76 crore from NSE F&O and the balance Rs 6405.58 crore from BSE Cash segment.
On the global front, Asian markets ended on a weak note. Hang Seng fell 1.8%, Nikkei -1.31%, Kospi -2.57%, Taiwan Weighted 0.73%, Jakarta -0.01% and Straits Times -0.02%. European markets were trading strong led by banking stocks, at the time of writing market report. FTSE 100 shot up 1.35%, DAX 1.12% and CAC 0.72%.
Markets Snapshot
- Indices post highest single day gain since March 25, 2008
- Strong bounceback seen markets post Nifty touching a base of 3848;
Sensex ends up 702.94 pts (5.42%) at 13664.62; Nifty ends up 196.6 pts (5.05%) at 4093.35 - Frontline Indices post stellar gains; Small Caps gain marginally
- CNX Midcap Index ends up 3.47%, BSE Small-cap Index up 1.91%
- All sectoral indices gain; the star performer BSE Realty gained a phenomenal 12.22%
- Among other gainers BSE Bankex up 6.02%; BSE-Capital Goods Index up 5.89%,
- IT sector up 5.77%; Metals Index up 5.96%
- Realty Buzzers; DLF up 14.7%; gained on news of buyback; Indiabulls Realty up 14.6%
- Beaten down banks gained, HDFC up 10.7%; PNB up 10.3%; Kotak Mahindra Bank up 8.37%; Axis Bank up 6.84%
- Most Index stocks post gains between 3-7%;
- Star Performers- Reliance Infra up 12.15%; Tata Power up 9.11%;
Siemens up 8.42%; ONGC up 8.26%; L&T up 7.17% - Relisting : TreadsDirect ends at Rs 6.4 Vs listing price of Re 1
- NSE Advance Decline at 1.91 :1
- Total Cash Turnover at 7974.98 cr,
- Total F&O turnover at Rs 57532.76 cr;
- Total market turnover at Rs 79632 cr Vs Rs 64986 cr yesterday
- Buzzers
Ansal properties up 28.24%
Shree Renuka Sugar up 21.41%
HDIL up 18.9%
Sasken Communications up 17.81%
Shree precoated steels up 16.23%