Market Commentary

Indian benchmarks surge on Thursday led by Banking, Capital Goods and Auto Sectors - Microsec



Posted On : 2013-04-21 09:18:41( TIMEZONE : IST )

Indian benchmarks surge on Thursday led by Banking, Capital Goods and Auto Sectors - Microsec

Equity benchmarks surged Thursday led by strengths in shares from the banking, capital goods and auto sectors.

Nifty closed at 5783.10 down by 94.40 points or 1.66 % over the previous day closing of 5688.70 after witnessing a low of 5681.85 and a high of 5794.35. Sensex closed at 19016.46 up by 285.30points or 1.52% over the previous day closing of 18731.16.It touched an intraday low of 18691.61 and high of 19058.80.

The markets' breadth was positive. Out of 2502 stocks traded 1319 stocks advanced, 1047 stocks declined and 136 stocks remained unchanged. In Sensex, Out of 30 stocks 26 stocks advanced and 04 stocks declined.

Among the sectors, BSE Consumer Durables ,BSE capital goods and BSE Bankex were the main gainers of the day, which increased by 2.78%, 2.63% and 2.49% respectively.

In BSE Consumer Durables sector, Titan Inds, Blue Star and Gitanjali Gems increased by 5.35%,4.01% and 1.10% respectively. In BSE Capital Goods sector Alstom T&D, L&T, and AIA Engineering, advanced by 4.15%, 3.61% and 2.78% respectively. In BSE Bankex, Indusind bank, Bank of India and Axis Bank increased by 7.22%, 4.35% and 3.89% respectively.

Source : Equity Bulls

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