Due to strong global cues and the Fed's decision to raise interest rates the market has gained great. But the market has declined sharply just a little. Today, Sensex over 27000 , Nifty was able to go beyond 8100.
Sensex and Nifty are seeing is around 1 percent up. Due to consumer Durables and Power stocks strong buying market has jumped. Consumer Durables BSE index rose 3.5 percent and Power index rose 2 percent. BSE all indices are in green. The midcap and smallcap stocks is looking strong buying. BSE Midcap Index rose 2.25 percent and the smallcap index rose to 2 percent.
The BSE 30-share index Sensex 231 points with 0.9 percent growth is trading at 26941. The NSE the 50-share index Nifty 66 index points, i.e, with 0.8 percent up is trading at 8096 levels.
During the market GAIL, BHEL, Jindal Steel, Hindalco, Tata Power and ICICI Bank as heavyweight stocks have gained from 4.5 to 2.4 percent. However Grasim, HCL Tech, Ultratech Cement, Power Grid, Hero Moto, HDFC, Reliance Industries, Wipro and HUL like heavyweight stocks fall by 1.25 to 0.25 percent.
In midcap stocks Redington, Torrent Power, Kalpataru Power, Gujarat Gas and Srei Infra gained most from 9.8 to 6 percent. Smallcap stocks Mastek, PC jewellers, Vascon Engineers, pircol and JK Tyre most has climbed from 17.6 to 9.6 percent.
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