BSE Auto was the TOP gainer up by 1.52 per cent, the other sectoral gainers were HC by 1.07 percent, Oil and Gas by 0.77 percent, Metal by 0.75 percent, CD by 0.46 percent, Power by 0.46 percent, IT by 0.30 percent, Psu by 0.10 percent and Teck by 0.07 percent BSE Realty was the top sectoral loser, down by 0.97 percent, followed by 0.53 percent, CG by 0.27 per cent, Bankex by 0.10 percent Index heavyweight Reliance Industries (RIL) logged small gain in volatile trade.
Private sector banking major HDFC Bank was up by 1.14 percent to Rs 536.90 after posting good Q4 results. India’s largest bank by branch network State Bank of India (SBI) slipped 0.45 percent to Rs 2289.60, off day’s high of Rs 2339.
Truck major Tata Motors scaled a record high, extending recent gains triggered by reporting good global sales.
Sun Pharmaceutical Industries hit record high triggered after the company said the US Supreme Court has ruled in favour of its subsidiary in a patent litigation against Novo-Nordisk over its generic version of diabetes drug Prandin.
Tata Motors contributed rise of 16.6 points in the Sensex. It was followed by H D F C Bank (13.76 points), Reliance Industries (6.49 points), Sun Pharmaceutical Industries (6.21 points) and Oil & Natural Gas Corporation (5.79 points). However, I T C fell 28.04 points in the Sensex. It was followed by Larsen & Toubro (5.24 points), I C I C I Bank (4.78 points), Infosys (4.6 points) and State Bank Of India (3.45 points).
Biggest gainers in the 30-share index were Bajaj Auto (2.70%), Tata Motors (2.70%), Tata Power Company (2.30%), Hindalco Industries (2.15%), Sun Pharmaceutical Industries (2.11%), and Wipro (1.40%).
On the other hand, D L F (2.05%), I T C (1.79%), Bharat Heavy Electricals (0.82%), Larsen & Toubro (0.61%), Coal India (0.60%), and State Bank Of India (0.45%) were the major losers in the Sensex.
Gail (India) rose 0.10 percent after the company said APGDC has signed Project Framework Agreement with GDF Suez LNG UK, for jointly setting up a Floating Storage and Regasification Unit in Andhra Pradesh. The company made this announcement during trading hours today.
Cairn India rose 2.71 percent as crude oil futures traded near the highest level in two weeks after the IMF boosted its growth outlook and a Spanish debt sale raised more than planned, easing concern of curb in crude demand.
