MUMBAI: Indian markets ended on a positive note taking cues from positive global peers and roboust economic data back home. India’s Index of Industrial Production grew at 17.6% in April against 13.5% a month ago.
The upmove was led by oil&gas and index major Reliance Industries. The company made oil discovery in Cambay Basin and there are reports of it entering telecom sector by acquiring Infotel Broadband.
Bombay Stock Exchange’s Sensex ended at 17042.28, up 120.20 points or 0.71 per cent. The 30-share index hit a low of 16994.07 and high of 17131.56.
National Stock Exchange’s Nifty closed at 5114.20, up 35.60 points or 0.70 per cent. The index touched a high of 5139.05 and low of 5078.75.
BSE Midcap Index was up 0.18 per cent and BSE Smallcap Index moved 0.36 per cent higher.
Amongst the sectoral indices, BSE Oil&gas Index was up 1.46 per cent, BSE Bankex advanced 0.98 per cent and BSE Capital Goods Index advanced 0.87 per cent. BSE Realty Index inched 0.64 per cent lower.
Reliance (3.03%), BHEL (2.66%), M&M (2.11%), ICICI Bank (1.94%) and Jindal Steel (1.82%) were amongst the top Sensex gainers.
Bharti Airtel (-3.75%), Sterlite Industries (-1.04%), ACC (-0.98%), Reliance Infra (-0.90%) and Reliance Communications (-0.89%) were under pressure.
Market breadth was positive on the BSE with 1530 advances and 1305 declines.
ET
The upmove was led by oil&gas and index major Reliance Industries. The company made oil discovery in Cambay Basin and there are reports of it entering telecom sector by acquiring Infotel Broadband.
Bombay Stock Exchange’s Sensex ended at 17042.28, up 120.20 points or 0.71 per cent. The 30-share index hit a low of 16994.07 and high of 17131.56.
National Stock Exchange’s Nifty closed at 5114.20, up 35.60 points or 0.70 per cent. The index touched a high of 5139.05 and low of 5078.75.
BSE Midcap Index was up 0.18 per cent and BSE Smallcap Index moved 0.36 per cent higher.
Amongst the sectoral indices, BSE Oil&gas Index was up 1.46 per cent, BSE Bankex advanced 0.98 per cent and BSE Capital Goods Index advanced 0.87 per cent. BSE Realty Index inched 0.64 per cent lower.
Reliance (3.03%), BHEL (2.66%), M&M (2.11%), ICICI Bank (1.94%) and Jindal Steel (1.82%) were amongst the top Sensex gainers.
Bharti Airtel (-3.75%), Sterlite Industries (-1.04%), ACC (-0.98%), Reliance Infra (-0.90%) and Reliance Communications (-0.89%) were under pressure.
Market breadth was positive on the BSE with 1530 advances and 1305 declines.
ET
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