Nifty ends above 5100; auto, bank, pharma surge

08 Mar 2010

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The Nifty traded strong for the entire day in the range of 5110-5140 and closed above its psychological 5100 mark. Buying was seen in auto, banks, pharma, capital goods, FMCG and IT stocks. Infosys, ICICI Bank, L&T, HDFC, Wipro, SAIL and ITC were the positive contributors to the bourses while Reliance , HDFC Bank, TCS, Bharti Airtel and BHEL were the negative contributors.

The BSE midcap and smallcap indices were up 0.70% and 1% respectively.

The Sensex was up 108.11 points or 0.64% at 17102.60. It has touched an intraday high of 17,187.55 and an intraday low of 17,034.92.

The Nifty was up 35.30 points or 0.69% at 5124. It has touched an intraday high of 5,147.10 and an intraday low of 5,092.15.

About 1774 shares have advanced, 1154 shares declined, and 256 shares are unchanged.

Top gainers on the bourses were Ambuja Cements at Rs 115.10 up 5.35%, M&M at Rs 1,122.10 up 4.22%, Siemens at Rs 736.25 up 3.72%, Hero Honda at Rs 1,913.45 up 3.09% and ITC at Rs 250.50 up 2.43%.

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