Indian Stock markets opened strong on Monday and gained further ground during first few hours. The markets, however, could not sustain at higher levels and slipped during the last one hour of trading session. BSE Sensex closed at 9161 with a gain of 196 point. NSE Nifty closed 70 points higher at 2784. Buying was witnessed in select counters in Power, Telecom, Real Estate, Metals and Capital goods sectors.
BSE Sensex touched and intraday high of 9432 and a low of 9095.
BSE Auto index started the day stronger but towards of the end of the session, ended only 1.2% up. Banking, Capital Goods, Metals, PSU and Technology counters ended the day stronger. Midcap stocks were marginally down while smallcap stocks gained.
Hong Kong - The benchmark Hang Seng index surged 8.66 per cent Monday to its highest level in seven weeks amid investor confidence of stimulus moves by China and the United States.
Turnover topped 63.87 billion Hong Kong dollars (8.19 billion dollars), following Friday's turnover of 37.3 billion Hong Kong dollars.
Indian Stock markets were trading positive at 2 pm IST with BSE Sensex higher by 200 points, backed by Capital Goods, Metals, PSU and Banking Stocks. NSE Nifty was up by 70 points at 2785. Among major gainers were Real Estate majors DLF and Unitech. Tata Steel gained further ground. The stock was trading 7.4% higher at 196.
Among losers were BPCL (down by 4.1%), HCL Tech (down by 1.35%) and M&M (down by 1.2%). Technology stocks were trading marginally lower. Satyam Computers and Infosys Technologies were marginally lower.
Indian ADRs ended positive on Monday. Tata Communications, Sterlite, Wipro, HDFC Bank and MTNL were among major gainers.
Indian Stock markets gained further ground at 1 pm. The markets were trading lower an hour back as some selling was witnessed at higher levels. All sectors were trading higher today. While selling at higher levels has caused markets to slide, but some select counters are still holding strong.
Hong Kong - The benchmark Hang Seng index surged 8.66 per cent Monday to its highest level in seven weeks amid investor confidence of stimulus moves by China and the United States.
Beijing - China's stockmarkets sur
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Indian Stock markets gained further ground at 1 pm. The markets were trading lower an hour back as some selling was witnessed at higher levels. All sectors were trading higher today. While selling at higher levels has caused markets to slide, but some select counters are still holding strong.
