Hourly Update

Market closed with boost

Mumbai -- After opening in green territary and resuming its strong position in the afternoon trading the market finally closed with smart gains.

The market got the boost on account of fresh buying witnessed in index heavy weights like Infosys, Reliance Industries, M&M, SBI, Tisco, Wipro and ACC. The benchmark Sensex added 110 points to close at 11660 and NSE Nifty gained 23 points to close at 3389. Banking, Technology and Consumer Durable stocks were among the major gainers.

Hind Petrolium & FMCG slip, Punj Lloyd & OBC surge

Mumbai -- Market is witnessing ups and downs in the late afternoon trading session.

FMCG stocks are at the receiving end. Tata Tea, one of India's first multinational companies, has shed by 0.8% to Rs. 750, ITC is down by 1% to Rs. 180, HLL has lost by 0.6% to Rs. 229 and Archies has plunged by 1.6% to Rs. 132.

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.

GMR Infra, Satyam computer & IndusInd bank up

Mumbai -- After opening with boost in the morning, the market continues with its positivity.

A leading global consulting and IT services company, Satyam Computer has rallied by 1.5% to Rs. 787 after the company launched 3 key modules for SMS Demag Pvt Ltd. The scrip has touched an intra-day high of Rs. 789 and a low of Rs. 776 and has recorded volumes of over 1,00,000 shares on NSE.

Market opens with positive bias

Mumbai -- The markets have registered positive bias in the morning today after closing in the negative territary yesterday. Index heavy weights like Reliance Industries, Hero Honda, Satyam Computer, Britannia and Infosys are trading with smart gains.

Market closes with negative bias

Mumbai -- Finally, the markets closed lower with benchmark Sensex losing 367 points after touching an intra-day high of 11971.60 and low of 11505.60 to close at 11550.69. The heavy selling pressure, as metal, capital goods, FMCG, pharma, auto and technology stocks were down on profit booking, dragged the Sensex down. Nifty is down by over 101 points at 3374.30 registering a fall by 2.8%. BSE Metal index fell over 5% and BSE FMCG index was down by over 4%.

Market slips into red

Mumbai -- After opening in positive bias in the morning the market slipped into red and continues its down fall in the afternoon trades, as selling pressure and weak European markets have dragged the markets down further. Profit booking is witnessed in Index heavyweights like Reliance Industries, HLL, BHEL, ONGC, Infosys and ICICI Bank.

Metal & FMCG dip while HCL & Venus Remedies spur

Mumbai -- After registering positive opening today the market is witnessing the ups and downs in the after morning trading session.

The markets are trading in negative territory after weak Asian Markets and profit booking in index heavy weights like Hindalco, HDFC Bank, HLL, Bharti Airtel and SBI has dragged the markets down. Later in the morning trade, the BSE 30-share Sensex has lost by 135 points at 11783 and NSE 50-share Nifty down by 40 points to 3431. Among the Asian Markets, Nikkei Index is down by over 270 points and S&P/ASX 200 Index has lost over 1.10%.

Market opens in Green

Mumbai --Prompted with the blunt fall in crude oil prices the markets have opened on a positive note. In the morning trading session, the BSE 30-share Sensex has gained by 16 points at 11934 and NSE 50-share Nifty is up by 3 points to 3474. Zee Tele, SAIL, Hero Honda, Colgate, Hind Petroleum and BPCL are the major gainers among the 50-scrips of Nifty.

Market closes with boost

Mumbai -- After registering the positive bias in the opening and then witnessing the ups and downs the market at last closed on a strong note with benchmark Sensex gaining 44 points after touching an intra-day high of 11940.58 and low of 11825.22 to close at 11918. NSE Nifty gained 16 points to close at 3471. Auto, FMCG and Metal stocks were the major gainers.

Market sails in between ups and downs

Mumbai -- The market has opened in green territory today and traded with smart gains in the afternoon session. But now it is floating in between ups and downs.

Tata Tea has plunged by 0.3% to Rs. 803. The company has announced that it would consider raising capital on September 14. The scrip has touched an intra-day high of Rs. 812 and a low of Rs. 803 and has recorded volumes of over 3,00,000 shares on NSE.

Low crude oil prices help market to surge higher

Mumbai -- The market opened with positive bias in the morning on the back of fall in crude oil prices and unchanged key interest rates. Index heavy weights like Tata Motors, ITC, Satyam Computer, M&M, BHEL, Bharti Airtel and ACC are trading led by fresh buying. In the morning trade session, the BSE 30-share Sensex has surged by 32 points at 11886 and NSE 50-share Nifty is up by 10 points to 3464. Hindustan Petroleum, OBC, BPCL, Maruti, Britannia, Bajaj Auto and Dabur are the key gainers among the 50-scrips of Nifty.