The BSE Sensex hit the 19,000 mark today. It took just 4 days to hit 19k from 18k, thus making it the fastest 1,000 point rally ever. Top 5 stocks contributed 60% of rally from 18k to 19k.
The BSE Sensex hit the 19,000 mark today. It took just 4 days to hit 19k from 18k, thus making it the fastest 1,000 point rally ever. Top 5 stocks contributed 60% of rally from 18k to 19k. Sensex Contribution: RIL (150 pts), ICICI Bk (126 pts), ONGC (112 pts), L&T (108 pts), Bharti (103 pts) & REL (75 pts)
All BSE Sectoral Indices ended in the green. BSE Metal Index wasup 9.5%; SAIL up 16%, Sterlite up 15%, Tata Steel up 7.5%. BSE Oil & Gas Index was up 4.8%; ONGC up 9.4%, GAIL up 9%. Among the index gainers; REL up 14%, Siemens up 7.8%. NSE Advance Decline ratio was at 3:1. Markets turnover was at Rs 1.06 lakh crore vs Rs 1.23 lakh crore. The new listing Consolidated Construction closed at Rs 792 vs listing price of Rs 801 (Issue Price at Rs 510).
Currency Movement
Yen depreciated by 17 bps at 117.7, Rupee appreciated by 10 bps at 39.3
F&O SNAPSHOT
Nifty Futures premium was at 36 points vs 29 points premium on Friday. It added 19.6 lakh shares in OI. Nagarjuna Fertilisers, Arvind Mills, IDBI & RNRL added highest OI along with increase in price. Metal stocks were seen most active with OI build up across the board. Telecom stocks like R Comm, MTNL saw addition of OI.
Metal Stocks
SAIL up 16%; add 14.3 lakh shares in OI
Sterlite up 15%; add 1.08 lakh shares in OI
Sesa Goa up 14.5%; add 1.3 lakh shares in OI
Tata Steel up 7.9%; add 1.32 lakh shares in OI
JSW Steel up 14%; add 2.15 lakh shares in OI
Jindal Stainless up 9.3%; add 1.6 lakh shares in OI
Most Buzzing Stocks
ONGC up 9.5%; add 4.6 lakh shares in OI
REL up 14.8%; add 6.6 lakh shares in OI
SCI up 17%; add 4.8 lakh shares in OI
Punj Lloyd up 10.5%; add 4.86 lakh shares in OI
Short Covering
TTML up 5.8%; cut 59.3 lakh shares in OI
IFCI up 4.4%; cut 16 lakh shares in OI
Idea up 4%; cut 15.3 lakh shares in OI
DLF up 3.8%; cut 2 lakh shares in OI
