Due to large reform decisions and strong international signals vigorous growth has been seen in the domestic markets. The first trading day of the week, the Sensex and the Nifty is looking risen by 1 percent. In Midcap and Smallcap stocks also showing good buying trends. All indices on BSE in green, but the most buying are in banking, capital goods and metal stocks.
The BSE 30-share index Sensex with a gain of 335 points 1.3 percent is trading at 26443. While major NSE 50-share index Nifty with 100 points i.e nearly 1.25 percent gain is trading at 7880 levels.
During this period of market BPCL, ONGC, UltraTech Cement, Grasim, Hindalco, HDFC, Sesa Sterlite and Axis Bank such luminaries shares have gained 6.3 to 2.2 percent. However, JSPL, Reliance Industries, DLF, Hero Moto and HCL Tech like giant shares fall 7.5 to 0.8 percent.
In midcap stocks HCC, KSK Energy, NBCC, Repco Homes and Kaveri Seed has climbed most 6-4 percent. Smallcap stocks DIC India, Sagar Cement, Seshasayee Paper, JK Paper and ISGEC Heavy Engineering most have been strengthened from 10 to 6.5 percent.
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