Skip navigation.
 
Your Ad Here
Home
Monday
Sep 17

Banking & Tech stocks surge while Metal stocks dip

Mumbai -- The market still stands firm with smart gains and moving further with boost.

Banking stocks have gained momentum on the back of buying index heavy weight SBI. HDFC Bank has rallied by 2.9% to Rs. 846, ICICI Bank has added 1.3% to Rs. 604 and PNB has advanced by 3.2% to Rs. 477. Yes Bank has spurred by 3% to Rs. 88 after the company announced that they would raise $150mn in bond, share sales. The scrip has touched an intra-day high of Rs. 89 and a low of Rs. 84 and has recorded volumes of over 1,00,000 shares on NSE.

Technology stocks are also trading with gains. Mphasis BFL has surged by 2.3% to Rs. 178, Infosys is up by 1.4% to Rs. 1757, Satyam Computer has edged higher by 1.2% to Rs. 785 and I-Flex is up by 0.5% to Rs. 1428.

Following the track of gainers, Venus Remedies has added 0.7% to Rs. 355 after the company won an order from Ukraine for Cancer drugs. The scrip has touched an intra-day high of Rs. 364 and a low of Rs. 350 and has recorded volumes of over 22,000 shares on BSE.

Marsons has surged by 4.9% to Rs. 2 after the company bags prestigious order worth Rs. 110 million from ABB, for the supply of four 16 MVA 132/33 KV class and four 25 MVA 132/33 KV class for their Assam State Electricity Board project. The scrip has touched an intra-day high of Rs. 2.9 and a low of Rs. 2.9 and has recorded volumes of over 2,00,000 shares on BSE.

On contrary, sharp fall in International Metal prices dragged the metal stocks down . Tisco has plunged by 1.6% to Rs. 488, SAIL dipped by 1.6% to Rs. 71, National Aluminum has lost by 2.4% to Rs. 195 and Sterlite Industries has declined by 0.5% to Rs. 434.

Post new comment

Please solve the math problem above and type in the result. e.g. for 1+1, type 2
The content of this field is kept private and will not be shown publicly.