Markets closed in positive terrain

Mumbai: The markets closed in the positive terrain, it saw heavy buying interest during the final hour of trade.

The markets picked up momentum during the later part of the day. After the initial hicups the Sensex moved north to close near 10700 level and the Nifty closed above the 3100 mark.

The Sensex closed at 10,684.30 up 174.77 points and the Nifty closed at 3142 up 66 points.

The BSE Small Cap Index closed at 5,235.03, down 4 points.

The BSE Midcap Index ended at 4,341.44, up 13.39 points.

About 1013 shares have advanced, 1286 shares declined, and 70 shares are unchanged.

The major gainers on the indices were Bharti Airtel, Wipro, ONGC and HCL Tech.

Other than the bankex, all of the BSE sectoral indices closed in the positive terrain. IT sector was the star performer of the day.

The BSE IT Index was up by 3.2 per cent at 3,821.52. I-Flex Solution, HCL Tech, Wipro, TCS and Mphasis BFL moved up.

The BSE Oil and Gas Index rose 1.67 per cent at 5,261.62. Kochi Refineries, BPCL, ONGC, GAIL, and Petronet LNG advanced higher.

The BSE Auto Index added 1.8 per cent at 4,728.60. Tube Investment , Apollo Tyres, Escorts, M&M, Maruti Udyog and Bharat Forge closed in positive terrain.

The BSE Metal Index advanced by 1.2 per cent at 8,395.41. Hind Zinc, Sterlite Ind, Nalco, Hindalco and Jindal Saw witnessed buying interest.

The BSE Capital Goods Index was up 1.03 per cent at 6,932.72. Siemens,BHEL, Bharat Electronics, ABB and Crompton Greave closed higher.

The BSE Health Care Index was up by 0.45 per cent at 3,111.66. GlaxoSmithKline, Ipca Labs, Nicholas Pirama, Cipla and Lupin were among the major gainers.

The BSE FMCG Index was up 0.4 per cent at 1,948.51. McDowell, Dabur India, HLL. Nirma and Colgate closed in green.

The BSE Consumer Durables Index gained 0.19 per cent at 2,781.43.

The BSE Bankex was down 0.3 per cent at 4,354.59.

The NSE cash turnover was at Rs 4754.19 crore and the NSE F&O turnover was at Rs 21615.25 crore.

The BSE cash turnover was Rs 2236.39 crore. Total market wide turnover was at Rs 28605.83 crore.

Original news source