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Wednesday, March 23, 2011

Sensex trades higher; RIL, Infy, ICICI Bank gain

The market was trading higher as strong buying was seen in banks, realty, pharma, metal and FMCG stocks. Reliance, Infosys, ICICI Bank, ITC and HDFC were major contributors to the Sensex, which was up 182.30 points or 1.01% at 18170.60 at 12.53 am, and theNifty was up 54.80 points or 1.01% at 5468.65.

About 1588 shares advanced, 1071 declined, and 714 shares remained unchanged.

Top gainers on the Sensex included ICICI Bank at Rs 1,033 up 2.96%, Cipla at Rs 300.20 up 2.77%, Jaiprakash Associates at Rs 87 up 2.72%, Sterlite Ind at Rs 165 up 2.07% and BHEL at Rs 1,985.30 up 1.96%.

However, Top losers on the Sensex M&M at Rs 647.50 down 0.75%, Jindal Steel at Rs 656.80 down 0.55%, TCS at Rs 1,064.20 down 0.44% and Maruti Suzuki at Rs 1,168.10 down 0.32% and Tata Motors at Rs 1,135.75 down 0.02%.

Hindustan Lever was trading at Rs 270.90 up 1.54% from its previous close of Rs 266.80.

Index heavyweight Reliance was trading at Rs 1,008.85 up 0.94% from its previous close of Rs 999.50.

Tech major Infosys was trading at Rs 2,985.00 up 1.41% from its previous close of Rs 2,943.40.

Cigarette major ITC was trading at Rs 171.70 up 1.15% from its previous close of Rs 169.75.


www.moneycontrol.com

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