Market in a nutshell
- Markets opened on a cautious note and remained range-bound during morning trades. However, afternoon trades saw a spurt of buying activity which led the indices to surge with Sensex finally closing at 16,371 (up 356 points) while Nifty closed at 4,942 (up 112 points).
- BSE Metal Index gained 6% to 14,654, with Jindal Steel up 16% to INR 2,219. BSE Capital Goods Index advanced 5.5% to 14,455, with Suzlon gaining 13% to INR 270.
- Nifty April Futures were trading at a premium of 15-20 points to spot for major part of the session.
- Market breadth was extremely positive with an Advance: Decline Ratio of 9:1. HDIL soared 19% to INR 721, while Tulip was down 10% to INR 860.
- Cash volumes were at INR 218,554 mn (NSE+BSE) as against a 5 DMA of INR 193,534 mn. F&O volumes were at INR 490,870 mn as against a 5 DMA of INR 555,171 mn.
Eye Catchers
- Amtek Auto was up 8% to INR 268 with volumes of 2,087,096 (up 480%).
Market News
- Rupee was trading at INR 39.91 against the dollar.
- Nymex crude was steady trading at $ 107.2/bbl. Base metals were trading on a strong note, with copper up 4%.
- The WPI based annual rate of inflation was at a yearly high at 6.68% for the week wended March 15 over 5.92% in the previous week.
Indices Performance
| CURRENT | PREV.CLOSE | %CHANGE | ||||
| S&P CNX NIFTY |
4,942.00 |
4,830.25 |
2.31% |
|||
| CNX NIFTY JUNIOR |
8,297.00 |
7,979.80 |
3.98% |
|||
| CNX IT |
3,904.70 |
3,735.10 |
4.54% |
|||
| BANK NIFTY |
7,037.85 |
6,969.30 |
0.98% |
|||
| CNX 100 |
4,734.55 |
4,617.35 |
2.54% |
|||
| S&P CNX DEFTY |
4,295.30 |
4,172.20 |
2.95% |
|||
| S&P CNX 500 |
3,971.15 |
3,862.25 |
2.82% |
|||
| CNX MIDCAP |
6,353.35 |
6,137.90 |
3.51% |
|||
| NIFTY MIDCAP 50 |
2,418.60 |
2,309.05 |
4.74% |
|||
| Top Gainers | ||||||
| Symbol | Open | High | Low | Last Price | Prev. Close | % Change |
| SUZLON |
243.00 |
273.45 |
242.00 |
270.05 |
239.70 |
12.66 |
| TATASTEEL |
659.90 |
724.95 |
659.90 |
716.10 |
655.00 |
9.33 |
| CAIRN |
219.10 |
233.80 |
216.00 |
229.00 |
215.10 |
6.46 |
| LT |
2,990.00 |
3,180.40 |
2,950.40 |
3,150.75 |
2,959.95 |
6.45 |
| BPCL |
411.85 |
448.85 |
405.00 |
436.15 |
411.85 |
5.90 |
| Top Losers | ||||||
| Symbol | Open | High | Low | Last Price | Prev. Close | % Change |
| ONGC |
1,063.60 |
1,085.00 |
1,027.00 |
1,049.15 |
1,071.05 |
(2.04) |
| HDFC |
2,660.00 |
2,697.70 |
2,536.40 |
2,613.95 |
2,665.70 |
(1.94) |
| HDFCBANK |
1,425.00 |
1,426.25 |
1,366.00 |
1,407.00 |
1,433.20 |
(1.83) |
| TATAMOTORS |
654.00 |
654.00 |
633.10 |
646.05 |
655.35 |
(1.42) |
| SIEMENS |
667.10 |
680.00 |
658.00 |
661.65 |
669.50 |
(1.17) |
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