Thursday, 27 September 2012

Capital Goods Stocks Dive Sensex up 98 Points


Indian equities, the Sensex and the Nifty, rose over 0.4 per cent in the late morning session on Thursday on fresh buying by funds and retail investors amid mixed Asian cues. 

Overall the market is expected to remain volatile with Thursday being the last day for September F&O expiry, according to market watchers. 

At 11.10 a.m., the Sensex was trading up 97.92 points (0.53 per cent) at 18,730.09 and the Nifty was trading up 26.1 points (0.46 per cent) at 5,689.55. 

Auto, capital goods, realty and FMCG stocks remained investor favorites, while PSU, oil & gas and IT sector stocks were trading in the red. 

Top five Sensex gainers were Tata Power, M&M, Maruti, L&T and Sun Pharma, while the top five laggards were BHEL, Coal India, Wipro, Infosys and Sterlite Industries. 

Indian markets got off to a flat but positive start ahead of the September series F&O expiry on Thursday.
The BSE Sensex opened the day at 18,660, while the NSE Nifty too had a gap up opening at 5,674. 

Globally, US markets had ended lower on Wednesday as investors remained on edge over ongoing financial worries in the Euro Zone. Via

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