Friday, 21 September 2012

Stock Market on Friday

Stock Market ended on a positive note on the last trading day of the week, i.e., Friday with the 30-share index closing at a highest level since July,2011. There was a gain of 403 points and the Sensex closed at 18,781 and the 50-share index at 5,694 with 140 points gain.
Broader markets underperformed the benchmark indices. BSE mid-cap index is up 1.7% at 6,440. Small-cap index was up 1.6% at 6,818.

BSE bankex gained 4% at 13,039. Power, capital goods, metal, realty and PSU indices were up 3-4% as well. Meanwhile, IT index slipped into the negative, down 0.2%
Among the Sensex-30 stocks were trading in the positive zone today. Financials are leading the rally with ICICI Bank and SBI up 4-5%. the other major gainers were BHEL, Sterlite, Tata Power gaining 5-6%. 

TCS and Dr Reddys Lab down 0.7% and 0.6% respectively were the only losers among the Sensex stocks. 

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