Markets ends in green amid volatility: IT, metals up
21 Feb 2008
The markets closed in green amid a highly volatile session. The cues from Asia and US were strong. Broader markets also closed higher and outperformed the frontline indices. Selling pressure was seen in select bank and capital good stocks. However, selective buying was seen in metal, IT and pharma stocks.
Rupee opened at Rs 40.21 per dollar and was trading at 40 mark; that propelled the IT stocks and the index was up over 4%.
Sensex closed up 117.08 points or 0.66% at 17734.68, and the Nifty up 37.35 points or 0.72% at 5191.80.
About 1554 shares have advanced, 1390 shares declined, and 87 shares are unchanged.
The BSE Midcap Index ended at 7,668.93 up 1%.
The BSE Smallcap Index ended at 9,692.99 up 0.7%.
The BSE Bankex was down 1% at 10,478.94. IOB, ICICI Bank, HDFC, PNB, Axis closed in red.
The BSE Capital Goods Index closed at 15,837.90 down 0.6%. ABB, BHEL, Siemens, Triveni Engineering closed higher.
The BSE Auto Index closed at 4,801.06 up 1%. Tube Investment, Apollo Tyres, Escorts, Ashok Leyland, Hind Motors closed higher
The BSE Metal Index closed at 20,020.22 up 4%. Hindalco, Nalco, JSW Steel, Jindal Steel, Jindal Stainless, Hind Zinc closed higher.
The BSE FMCG Index closed up 0.6% at 2,236.92. Colgate, ITC, Nestle, Dabur ended higher
BSE Oil and Gas Index closed at 10,912.26 up 0.2%. BPCL, HPCL, IOC, Reliance Natura, GAIL ended higher.
The BSE IT Index was at 4,041.97 up 5%. Infosys, Satyam, Wipro, TCS, Tech Mahindra, HCL closed higher.
The NSE cash turnover was at Rs 12179.02 crore and the NSE F&O turnover was at Rs 43409.74 crore. The BSE cash turnover was Rs 5389.64 crore. Total market wide turnover was at Rs 60978.40 crore.
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