It was an unpredicted market as Benchmark Index kept on jumping from red to green terrain and Finally closed with the moderate gain. Oil & Gas, Some technology shares and auto shares lead the row. Overall market was consolidated as traders might be waiting for some triggers like RBI policy or any other global economic incident.
NSE Nifty Index closed in green territory at 5556.15 after making a moderate gain of 24 points.
BlueChips like Reliance Industries and Infosys led the market higher today - both stocks rallied 2% each.
Among others, TCS, Sun Pharma, Tata Steel, Cipla, M&M, Kotak Mahindra Bank, PNB and Jaiprakash Associates were up 1-2.5%. ONGC, ITC and SBI too were marginally in the green.
However, L&T, HUL, Wipro, Hero Honda and ACC were down 1-2%. NTPC, Bharti Airtel and Reliance Communications lost 0.5% each.
Private financial companies' shares namely HDFC, ICICI Bank and HDFC Bank closed the trade with 0.2% gains.
Aanjaneya Life, Delta Corp, Sun TV Network, SBI, Standard Chartered IDR, Reliance Industries and Infosys were the most active shares on exchanges.
Midcaps
Bajaj Finserv, India Infoline, Sun Pharma Advanced, Karnataka Bank and HDIL surged 6-9% while Berger Paints, Manappuram, Cox & Kings, Pantaloon Retail and Kirloskar Oil fell 3-4%.
Smallcaps
Parekh Aluminex, Steel Strips Wheels, Premier, Delta Corp and Hawkins Cooker jumped 10-14%. However, Lloyds Metals, Sahara One, R M Mohite, SV Electricals and Parrys Sugar lost 5-6%.
