Sunday, October 18, 2009

DIWALI MAHURAT TRADING 18.10.2009

HAPPY DIWALI
Indian equities ended , first day of trade of Samvat 2066 (first day of Hindu calendar), on a flat note. Traders bookedprofits after indices hit new 52-week highs. However, the second rung stocks outperformed the benchmarks.
Markets opened higher on bullish sentiments following growth of Indian economy which was reflected in second quarter earnings.
After one hour of trade, Bombay Stock Exchange’s Sensex closed at 17326.01, up 3.19 points or 0.02 per cent. The index hit a 52-wek high of 17493.17 and low of 17260.66.
National Stock Exchange’s Nifty ended at 5141.80, down 0.35 points or 0.01 per cent. It touched a 12-month high of 5176.80 and low of 5140.
BSE Midcap Index was up 0.65 per cent and BSE Smallcap Index gained 1.36 per cent.
Amongst the sectoral indices, BSE Metal Index jumped 0.65 per cent, BSE IT Index rose 0.39 per cent and BSE Auto Index moved 0.33 per cent higher.
BSE Bankex was down 0.30 per cent and BSE FMCG Index slipped 0.09 per cent.
Sterlite Industries (2.89%), Reliance Communications (1.86 %), Bharti Airtel (1.74%), TCS (1.61%) and ACC (1.36%) were the top Sensex gainers.
Losers included ICICI Bank (-1.05%), HDFC Bank (-0.93%), Hindalco Industries (-0.70%), ITC (-0.65%) and BHEL (-0.65%).

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