Sensex ends 100 points up; Oil & gas, pharma gain
20 May 2010
The markets ended a volatile session on a strong note. The BSE oil & gas index outperformed the other sectoral indices; it ended up nearly 2%. Oil & gas stocks surged post cabinet approved raising regulated gas price. Buying was also seen in pharma, and banking stocks. However, realty and auto stocks ended lower. Reliance, ICICI Bank, L&T, HDFC and ITC were the positive contributors to the Sensex.
The Sensex was up 111.19 points or 0.68% at 16519.68. It has touched an intraday high of 16,617.80 and an intraday low of 16,419.10.
The Nifty was up 27.95 points or 0.57% at 4947.60. It has touched an intraday high of 4,980.25 and an intraday low of 4,924.30.
The markets breadth was positive. about 1203 shares have advanced, 1731 shares declined, and 360 shares are unchanged.
Top gainers on the Sensex were ONGC at Rs 1,118.20 up 8.72%, Sterlite Ind at Rs 652.45 up 2.35%, SBI at Rs 2,263.40 up 2.19%, Reliance Infra at Rs 984.70 up 1.97% and NTPC at Rs 204.75 up 1.76%.
Top losers on the Sensex were Jaiprakash Asso at Rs 116.65 down 3.28%, DLF at Rs 271.05 down 2.81%, Grasim at Rs 2,513.50 down 2.45%, Maruti Suzuki at Rs 1,210.45 down 1.6% and Tata Power at Rs 1,289.85 down 1.21%.
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