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Rediff.com  » Business » 1st time Sensex gains 100 pts in 4 straight sessions

1st time Sensex gains 100 pts in 4 straight sessions

Last updated on: July 27, 2006 17:08 IST
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It was a big day for the markets as it closed in the positive for the fourth straight session amid volatility. It was the first instance of 4 straight sessions of gain for Sensex ever. On the F&O expiry day the Sensex gained 124 points and Nifty was up 46 points.

About 1422 shares advanced, 934 shares declined, and 78 shares were unchanged.
The corporate results also propelled the markets, in the pharma space, after Ranbaxy Dr Reddy's came out with stellar set of numbers way beyond street expectations. Banking sectors gave some positive surprises with IOB and Syndicate Bank. Maruti Udyog came also out with strong set of numbers.

The Sensex closed with gains of 124 points at 10,741.59 and the Nifty gained 46 points at 3156.
The BSE Small Cap Index closed at 5,029.36, up 61 points.
The BSE Midcap Index ended at 4,228.79, up 47 points.
The rally was seen in indices across sectors. All the BSE sectoral indices closed in the green. Capital goods stocks led the rally followed by consumer durables and auto stocks.

The BSE Capital Goods Index was up 2.8% at 6,876.82. Alstom Projects, BHEL, Bharat Elec and BEML closed higher.
The BSE Consumer Durables Index gained 2.2% at 2,663.67. Titan Industries, BPL, Su-Raj Diamonds and Samtel Color Industries were up.

The BSE Auto Index added 1.9% at 4,448.55. Cummins, MRF, MICO and Tube Investment closed in positive terrain.
The BSE Bankex was up 0.9% at 4, 652.32. Bank of India, IOB, Oriental Bank and PNB were among the gainers.
The BSE IT Index was up by 0.8% at 3,951.95 moved up. I-Flex Solution, Wipro, Moser Baer and Mphasis BFL jumped
The BSE Health Care Index was up by 0.6% at 3,183.82. Ipca Labs, Dr Reddys Labs, Sun Pharma and Orchid Chemical were among the major gainers.

The BSE Metal Index advanced by 0.4% at 7,819.00. Welspun Guj, JindalStainless, Hindalco and SAIL witnessed buying interest.

The BSE Oil and Gas Index rose 0.35% at 5,127.85. ONGC, MRPL, Chennai Petro, Petronet LNG advanced higher.
The BSE FMCG Index was flat at 1,907.41. Tata Tea, McDowell, HLL and Britannia closed in green.
Markets Today
1st instance of 4 straight sessions of 100-point gain for Sensex ever
Markets witnesses volatile session on the expiry day
Sensex gains 1.17% or 124.32 at 10741.59
Nifty gains 1.48% or 46 points at 3156.15
All BSE Sectoral Indices end in the green
BSE Capital Goods Index up 2.7%; BHEL up 5%, BEML up 4.2%
BSE Auto Index up 1.86%, Maruti up 2.2%, Q1 results above street expectations
CNX Mid Cap Index up 1.08%; led by strong result
Cummins India up 12%, Alstrom Project up 10.23%
BSE Small Cap Index up 1.23% at 5029.36
Allsec Technologies up 14.3%, Carlyle to pick 20% stake
NSE Advance Decline ratio at 5:3
Total market turnover at Rs 45824.55 cr Vs Rs 39773.24 cr
The NSE cash turnover was at Rs 7902.37 crore and the NSE F&O turnover was at Rs 35036.49 crore. The BSE cash turnover was Rs 2885.69 crore. Total market wide turnover was at Rs 45824.55 crore.

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