Sensex closes 215 points up; RIL tops buy list with 6% gains

Indian shares rose by 1% on Monday as better than expected payrolls data in the US and emerging optimism for solution to Eurozone debt crisis aided the rally. Inflow of foreign money too helped Indian equities as the Indian rupee appreciated by 30 paise to 55.45 against the US dollar.

The rally was also on account of hopes of some reforms in the monsoon parliament session. The 30-share BSE Sensex rose 215.03 points or 1.25% to close at 17412.96.

Meanwhile, the 50-share NSE Nifty went up 66.85 points or 1.28% to 5,282.55 led by buying interest banks, capital goods, auto and metals stocks.

Index heavyweight Reliance Industries hogged the limelight, rising 5.7% due to sharp rally in crude. WTI crude gained 4.9% on Friday to USD 91.4 a barrel on jobs data and tropical storm Ernesto in Gulf of Mexico. However, state-run fuel retailer BPCL tanked 2.4%.

Mukesh Ambani group company Reliance Industrial Infrastructure jumped nearly 12%. Even Anil Dhirubhai Ambani group's stocks too gained quite smartly; Reliance Mediaworks climbed 20% while Reliance Infrastructure, Reliance Capital, Reliance Communications, Reliance Broadcast Network and Reliance Power were up 2-8%.

Country's largest private sector lenders ICICI Bank and HDFC Bank were up 1.5-2% while their rival State Bank of India rose 0.6%. Housing finance company HDFC gained 1.5%.

Top commercial vehicle maker Tata Motors shot up 3.5% and state-owned gas transportation services provider GAIL went up 2.5%.

Engineering and construction major Larsen & Toubro and state-owned power equipment manufacturer BHEL moved up 1.8% each.

Steel producers Sterlite Industries and Tata Steel gained more than 1.8%. India's largest software services exporter TCS went down 0.7% ahead of Cognizant numbers that announced after market hours.

Realty major DLF climbed 1.8% ahead of numbers that will be announced today in evening. Analysts on an average expect the profit after tax to go down by 14.5% year-on-year to Rs 290 crore during the quarter.

Shares of ITC, Dr Reddy's Labs, NTPC and Wipro were down 0.4-0.9%.

The broader markets erased somewhat gains in second half of trade due to profit booking; the BSE Midcap Index was up 0.5% and Smallcap up 0.8%. Advancers outnumbered decliners by 1659 to 1130 on the BSE.

In the second line shares, Puravankara Projects, BOC India, Anant Raj Industries, Fresenius Kabi and Honeywell Automation rallied 5.5-10% whereas DB Corp, Glodyne Tech, City Union Bank, Parsvnath and S Mobility fell 3-8%.

Wockhardt surged over 4% as the company's consolidated net profit rose by 95% year-on-year to Rs 378 crore in the first quarter of financial year 2012-13, but it was complete turnaround as compared to a loss of Rs 191.64 crore in the previous quarter.

Asian markets closed higher with gains between 1% and 2% as US non-farm payrolls increased 1,63,000 as against expectations of 1 lakh while private payrolls rose 1,72,000 as against expectations of 1,10,000 on Friday.

European markets erased early trade losses to hit fresh four-month high. France's CAC was up 0.5% and Germany's DAX rose 0.7% while Britain's FTSE went up 0.2%.

Sensex extends gains to 250 points; Tata Motors, JP Asso up 4%

Indian equity benchmarks extended gains in last one hour of trade led by further rally in index heavyweight Reliance Industries that gained nearly 6%.

The BSE Sensex shot up 247.42 points to 17,445.35 and the NSE Nifty rose 75.70 points to 5,291.40.

Top commercial vehicle maker Tata Motors and infrastructure company Jaiprakash Associates surged 3.75%.

State-owned power equipment manufacturer BHEL, gas transportation services provider GAIL and steel producer Tata Steel rallied 2% each.

Reliance Infrastructure and Kotak Mahindra Bank gained 3% each.

However, oil marketing company BPCL tanked more than 2% as WTI crude rose nearly 5% and Brent crude went up 3% on Friday.

In the second line shares, BOC India, Fresenius Kabi, Honeywell Automation, Anant Raj Industries and Gujarat State Petronet jumped 5-8% while DB Corp, Glodyne Tech, S Mobility, KSK Energy Ventures and Parsvnath lost 3-6%.

On the BSE, advancers outnumbered decliners by 1674 to 1044. The Midcap Index moved up 0.7% and Smallcap up 1%.

Nifty, Sensex surge; SBI, USL, Wockhardt, RIL most active

The BSE Sensex advanced more than 1%, even after it erased somewhat gains due to profit booking. The broader markets too pared some gains as the gap between advance and decline ratio trimmed to 2:1 from 5:1 in early trade.

The BSE benchmark climbed 190.33 points to 17,388.26 and the NSE benchmark rallied 57.50 points to 5,273.20.

Index heavyweight Reliance Industries remained top gainer among largecaps, rising more than 5% on value buying. WTI crude spiked nearly 5% on Friday to USD 91.4 a barrel and Brent crude gained nearly 3%.

Country's largest commercial vehicle maker Tata Motors surged 3% while other auto stocks like Mahindra & Mahindra, Maruti, Hero Motocorp and Bajaj Auto gained 0.6-1.3%.

Private sector lenders ICICI Bank and HDFC Bank rose over 1.5% while their rival State Bank of India was up just 0.5%. Housing finance company HDFC rallied 1.5%.

Engineering and construction major Larsen & Toubro and steel manufacturer Tata Steel were up over 1.6%.

However, shares of Dr Reddy's Labs, ITC, TCS, Wipro and Coal India were down 0.5-1%. BPCL tanked 2% due to rise in crude oil prices.

Most active shares on exchanges were Reliance Industries, Wockhardt, SBI, Reliance Industrial Infrastructure, United Spirits (USL) and ICICI Bank.

Sensex on firm footing, up 200 points; Reliance stocks rally

The BSE Sensex and NSE Nifty continued to trade with sharp upmove since morning due to positive global cues. Both Reliance groups' stocks were on buyers' radar. Reliance Infrastructure, Reliance Capital, Reliance Power and Reliance Communications were up over 3-4.6% while Reliance Industries gained nearly 5%.

The BSE benchmark moved up 233.58 points or 1.36% to 17,431.51 and the NSE benchmark advanced 73.15 points to 5,288.85.

India's largest lenders State Bank of India, ICICI Bank and HDFC Bank jumped 1-2%. Engineering and construction major Larsen & Toubro and top commercial vehicle maker were up 2-3%.

Housing finance company HDFC and top telecom operator Bharti Airtel gained more than 1%.

Metals stocks like Tata Steel, Sterlite, Jindal Steel and Hindalco Industries rallied 1.5-2% whereas TCS, ITC, Dr Reddy's Labs and Coal India fell over 0.3%.

The BSE Midcap and Smallcap indices went up over 1%; advancers outnumbered decliners on the National Stock Exchange by 1033 to 378.

In the second line shares, BOC India, Wockhardt, Honeywell Automation, Fresenius Kabi and AstraZeneca rallied 5-7% whereas Glodyne Tech, DB Corp, S Mobility, Info Edge and Amtek India lost 2-5%.

Among smallcaps, Reliance Mediaworks, Reliance Broadcast and Reliance Industrial Infrastructure shot up 12-20%. Dynamatic Tech and SKS Microfinance gained nearly 12%. However, JMC Projects, Orissa Sponge, Kirloskar Brothers, Oscar Investment and Rasoya Protein were down 5-11%.

On the global front, European markets opened marginally lower on profit booking as these markets had rallied quite sharply on Friday.

Nifty inches towards 5300; midcap, smallcap up 1%

Indian shares maintained early gains quite nicely, rising more than 1% due to buying interest in banks, auto, metals and infrastructure stocks. The broader markets too were on buyers' radar; the Midcap Index was up 1% and Smallcap up 1.4% as about three shares advanced for every share declining on the BSE.

The 30-share BSE Sensex rallied 221 points to 17,418.83 and the 50-share NSE Nifty rose 67.65 points to 5,283.35.

Globally every market was trading strong after higher than expected additions in US payrolls on Friday. Emerging optimism for European action on the debt crisis too improved the sentiment.

Asian peers like Hang Seng, Nikkei and Kospi gained 2% each while Shanghai went up 0.7%. Straits Times and Taiwan Weighted were up 1% each.

Back home, the Indian rupee appreciated 33 paise to 55.42 against the US dollar. Even the hopes of some reforms in the monsoon parliament session (that will start on Wednesday) too helped the rupee recover.

Country's largest lenders State Bank of India, ICICI Bank and HDFC Bank moved up 1-1.7%. Housing finance company HDFC was up over 1%.

Oil & gas producer Reliance Industries and top commercial vehicle maker Tata Motors topped the buying list, rising 4.6% and 3.5%, respectively.

Engineering and construction major Larsen & Toubro and state-owned power equipment manufacturer BHEL climbed 1.5-2%.

However, shares of TCS, Dr Reddy's Labs and Coal India were down 0.4% each.

BSE Sensex gains on U.S. jobs; caution seen returning

Reuters Market Eye - The BSE Sensex gains 1.25 percent, while the 50-share NSE index adds 1.28 percent.

Gains track a rally in Asian shares after stronger-than-expected U.S. jobs data. The MSCI Asia-Pacific index excluding Japan is up 1.7 percent.

Provisional exchange data shows foreign investors were net buyers of stocks worth 2.08 billion rupees on Friday, bringing their net purchases to 35.9 billion rupees for the week.

Traders warn cautious mood will again prevail, given continued concerns about weak rainfalls during the monsoon season as well as uncertainty about policy reforms ahead of the start of the parliament session on August 8.

* Blue chips lead gainers: Reliance Industries shares gain 4.4 percent, while ICICI Bank gains 1.5 percent.

Sensex gains over 200 points; Reliance surges 5%

The 30-share BSE Sensex gained more than 200 points led by buying interest across all the sectors. Asian markets too remained strong due to better than expected US payrolls data. Hang Seng, Nikkei and Kospi jumped 2% each while Straits Times and Taiwan Weighted gained 1% each.

The Sensex rallied 233.66 points or 1.36% to 17,431.59 and the NSE benchmark rose 70.60 points or 1.35% to 5,286.30.

Index heavyweight Reliance Industries shot up 5% amid huge volumes.

State-owned oil & gas producer ONGC declined due to rally in crude oil on Friday. Brent crude rose 2.9% to USD 108.94 a barrel.

Country's largest private sector lenders ICICI Bank and HDFC Bank moved up 1.6% each while their rival State Bank of India was up 1%.

Among the auto stocks, top commercial vehicle maker Tata Motors gained 3%; M&M, Bajaj Auto, Hero Motocorp and Maruti were up 0.7-1%.

Engineering and construction major Larsen & Toubro and state-owned power equipment manufacturer went up over 1.6%.

Metals stocks like Tata Steel, Sterlite Industries, Jindal Steel and Hindalco Industries jumped 1.5-3%.

The BSE Midcap Index was up 1.2% and Smallcap was up 1.5%. About three shares advanced for every share declining on the BSE.

Sensex, Nifty rise 1% on global cues

The BSE Sensex and NSE Nifty started off trade with 1% gap up on Monday morning as global markets rallied quite sharply on Friday after stronger than expected US payroll data and some positive cues from Eurozone.

The BSE benchmark gained 174.85 points at 17,372.79 and the NSE benchmark climbed 53.60 points to 5,269.30 led by buying across sectors.

Among Asian markets, Hang Seng and Kospi shot up 2% each while Nikkei rose 1.7%. Straits Times and Taiwan Weighted were up around 1%. Shanghai was up 0.4%. On Friday, US non-farm payrolls increased 1,63,000 as against expectations of 1 lakh while private payrolls rose 1,72,000 as against expectations of 1,10,000. In case of Eurozone, Spanish PM indicated willingness to consider asking EFSF/ESM aid if required.

Back home, Ambuja Cements, Tata Motors, SAIL, Sterlite, Tata Steel, Sesa Goa, L&T, BHEL, Reliance Infrastructure, JP Associates, PNB, SBI, ICICI Bank, Kotak Mahindra Bank, Reliance Industries

However, ONGC and BPCL were down as WTI crude gained 4.9% at USD 91.4 a barrel on jobs data and tropical storm Ernesto in Gulf of Mexico.

The CNX Midcap rose 58 points or 0.8% to 7,303 as about four shares advanced for every share declining on the National Stock Exchange.

In the second line shares, SKS Microfinance shot up over 6% as company trimmed losses in the quarter ended June 2012 to Rs 38.8 crore from Rs 218.7 crore YoY.

After first quarter results, Dhanlaxmi Bank and UCO Bank were up over 1% while BGR Energy gained 0.7%.

Sugar stocks like Balrampur Chini and Shree Renuka Sugars rallied around 3%.

MCX surged over 3% as MCX-SX has received nod for currency options.

Deccan Chronicle gained 5% after falling sharply in last week. HDIL and Indiabulls Real gained 2-3%

However, Mahindra Satyam and Parsvnath Developers were down marginally.