After a sluggish start markets is the showing fast movement. Jharkhand and Jammu and Kashmir assembly elections BJP got good success which did the work of vigor in the market. Sensex and Nifty gained 0.25 percent.
Banking and capital goods stocks have made gains in the shopping market. However Metal and Oil & Gas stocks are seeing heavy selling. Midcap and smallcap stocks are in passion.
The BSE 30-share index Sensex 100 points with a gain of 0.4 percent is trading at 27802. While the 50-share NSE Nifty leading index rose 0.3 percent i.e 23.5 points is trading at 8347.5.
During the market Bharti Airtel, Grasim, Bank of Baroda, Bajaj Auto, HDFC, Axis Bank and SBI like legendary shares have gained from 1.8 to 1.2 percent. However, Hindalco, HCL Tech, Cairn India, Coal India, Sesa Sterlite, Reliance Industries and Wipro like giant shares were decline from 1.75 to 0.9 percent.
In midcap stocks BF Utilities, Eros International, Pipavav Defence, Atul and Gujarat Pipavav gained most from 8.5 to 3.9 percent. Smallcap stocks Mukand, Kokuyo Camlin, Mangalam Cement, Jinisis International and Granuals India rose from 15 to 6.8 percent.
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