Markets ends near day's high amid volatility: Bankex up 4%

The markets ended near day's high amid volatility. It was an extremely choppy day for markets. After swinging in the positive and negative terrain the markets managed a positive close. Midcap index ended flat but the smallcap index closed in red.  The cues were not very encouraging with most of the Asia ending lower. Japan and Nikkei were the top laggards. Europe was also trading soft. Banking stocks were trading smart and bankex was up over 3.5%.

On a weekly basis, Nifty closed down 1% BPCL, HPCL, Nalco, Tata Power, SAIL and Tata Steel were among the top losers.

The Sensex ended up 1% and ICICI, Reliance, Suzon, Reliance Communication were among the top gainers.

Today the Sensex closed up 245.37 points or 1.19% at 20827.45, and the Nifty up 43.15 points or 0.70% at 6200.10.

About 782 shares have advanced, 2149 shares declined, and 37 shares are unchanged.

The BSE Midcap Index ended at 9,438.48 down 0.02%.

The BSE Smallcap Index ended at 12,694.02 down 1.3%.

The BSE Bankex ended up 3.6% at 12,478.96. Axis Bank, ICICI Bank, Bank of India, Centurion Bank, Oriental Bank moved upwards.

The BSE Capital Goods Index closed down 1% at 19,485.88. Triveni Engg, Suzlon Energy, Reliance Infra, Gammon India, ABB, Bharat Elec closed lower.

The BSE Auto Index closed at 5,413.01 down 0.5%. MRF, Hero Honda, Mah and Mah, Tube Investment, Escorts, Apollo Tyres closed lower.

The BSE Metal Index closed at 18,770.14 down 0.1%. Sesa Goa, NALCO, Shree Precoated, Hindalco, Tata Steel, SAIL, Jindal Saw lower.

The BSE FMCG Index closed down 0.2% at 2,394.83. Marico, United Spirits, United Brewerie, HUL, Tata Tea, Colgate closed lower.

BSE Oil and Gas Index closed at 13,832.60 up 2%. Reliance, GAIL, ONGC, Essar Oil, Reliance Petro ended in green.
 
The BSE IT Index was down 1% at 4,103.88. I-Flex Solution, Patni Computer, Financial Tech, Tech Mahindra, TCS, Infosys closed lower.

The NSE cash turnover was at Rs 18948.71 crore and the NSE F&O turnover was at Rs 68449.32 crore. The BSE cash turnover was Rs 7985.32 crore. Total market wide turnover was at Rs 95383.35 crore.

Asian markets trading mixed. The Shanghai Composite was up 6.47 points or 0.12% at 5,463.01. Hang Seng gained 285.41 points or 1.05% at 27,516.27. Jakarta Composite was up 44.64 points or 1.60% at 2,830.26. Taiwan Weighted 48.55 points or 0.60% at 8,105.82.