Indian Markets witness modest rally on Tuesday on RBI measures - Microsec

Indian markets witnessed a modest rally on Tuesday after the RBI announced measures to ease liquidity in the banking system. Realty, capital goods and FMCG stocks led the gains.

Nifty closed at 5928.40 up by 22.25 points or 0.38% over the previous day closing of 5906.15 after witnessing a low of 5913.00 and a high of 5981.70.Sensex closed at 19983.61 up by 88.51 points or 0.44% over the previous day closing of 19895.10.It touched an intraday low of 19936.72 and high of 20150.27.

The markets' breadth was positive. Out of 2564 stocks traded 1276 stocks advanced, 1141 stocks declined and 147 stocks remained unchanged. In Sensex, Out of 30 stocks 13 stocks advanced 16 stocks declined and 1 remain unchanged.

Among the sectors, BSE Realty , BSE Capital Goods and BSE FMCG were the main gainers of the day which increased by 1.57%, 1.32% and 0.78% respectively.

In BSE Realty sector D B Realty, Prestige Estates and HDIL increased by 8.33%,4.52% and 3.46% respectively. In BSE Capital Goods sector Punj Lloyd, FAG Bearings, and Suzlon Energy advanced by 10.40% 3.00% and 2.57% respectively. In BSE FMCG sector ITC, Dabur India and United Brew increased by 2.24% 0.67% and 0.64% respectively.

Source : Equity Bulls

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