Stock Market Tips

The markets logged significant gains for the second straight day on the back of all-round buying. The BSE benchmark index, the Sensex, breezed past the highest level for this calendar year to touch a fresh high of 19,205. The Sensex finally ended with a gain of 1.7 per cent (329 points) at 19,171 following its Tuesday's 305-point rally.

In the process of recording a fresh calendar year high, the BSE benchmark index has now gained a whopping 24 per cent (3,712 points) so far this year.

The NSE Nifty rallied 98 points to 5,855, and has zoomed 26.6 per cent so far this year.

The broader markets also ended with notable gains. The BSE Midcap index spurted 1.3 per cent to 6,827, and the Smallcap index was up 0.5 per cent at 7,216.

Among sectors, the BSE Realty index zoomed 3.4 per cent to 2,002. The Bankex rallied 2.8 per cent to 13,751, and the auto index jumped over 2 per cent to 10,849. The IT index, however, ended in red at 5,856, down 0.4 per cent.

The market breadth was fairly positive - out of 3,064 stocks traded on the BSE, 1,681 advanced and 1,264 declined today.

INDEX MOVERS & SHAKERS

Bajaj Auto soared 5 per cent to Rs 1,953. ICICI Bank and Tata Motors rallied over 4.5 per cent each to Rs 1,082 and Rs 278, respectively.

Cipla surged 3.5 per cent to Rs 405. Sterlite Industries and HDFC rallied around 3 per cent each to Rs 105 and Rs 821, respectively.

HDFC Bank, Larsen & Toubro and Tata Power gained around 2.5 per cent each. A total of 21 out of the 30 stocks gained over a per cent each in today's trade.

On the other hand, Hero MotoCorp and Infosys slipped a per cent each to Rs 1,823 and Rs 2,445, respectively.

BHEL and Maruti Suzuki were the only other losers among the Sensex 30 stocks.

VALUE & VOLUME TOPPERS

Apollo Hospitals topped the value chart with a turnover of Rs 415.60 crore on the BSE. It was followed by United Spirits (Rs 221.25 crore), Karnataka Bank (Rs 65.27 crore), SBI (Rs 64.07 crore) and Jet Airways (58.65 crore).

Suzlon Energy led the volume chart with trades of around 16.71 million shares followed by Unitech (12.10 million), Alok Industries (11.25 million), SpiceJet (6.9 million) and Lanco Infratech (5.7 million).

Stock Market Tips

The markets rallied sharply today on the back of some positive global developments, and feel good factor in the markets - as buzz of lot of M&As deals. The markets is buzzing with talks of stake sale in Jet Airways, Karnataka Bank, Dhanlakshmi Bank, Reliance Communications and Cinemax to name a few.

The Sensex opened with a positive gap of 80-odd points at 18,617, and then there was no looking back. The BSE benchmark index displayed firm trend throughout the day, and touched a high of 18,863 towards the fag end of the day.

The BSE index finally ended with a solid gain of 305 points at 18,842.

The NSE Nifty surged 91 points to 5,727.

The broader markets also logged smart gains, although they under-performed the benchmark indices. The BSE Midcap index surged 1.2 per cent to 6,72, while the Smallcap index spurted 0.9 per cent to 7,183.

Among sectors, the BSE Realty and Consumer Durables indices zoomed over 3 per cent each to 1,937 and 7,807, respectively. The FMCG, Bankex and TECk indices were up around 2 per cent each. All the sectoral indices ended in positive territory.

The market breadth was also fairly bullish - out of 3,017 stocks traded on the BSE today, 1,740 advanced and 1,154 declined.

INDEX MOVERS & SHAKERS

Bharti Airtel zoomed over 5 per cent to Rs 326. Sterlite soared over 3.5 per cent at Rs 102.

HDFC, HDFC Bank, Hindalco, Cipla and ITC surged over 2.5 per cent each at Rs 797, Rs 680, Rs 112, Rs 391 and Rs 293, respectively.

Infosys, Bajaj Auto and Jindal Steel jumped over 2 per cent each at Rs 2,469, Rs 1,859 and Rs 379, respectively.

Dr.Reddy's, Reliance and ICICI Bank rallied over 1.5 per cent each at Rs 1,790, Rs 786 and Rs 1,034, respectively.

Tata Motors, Tata Steel, BHEL and SBI were the other notable gainers.

On the other hand, NTPC declined 0.4 per cent at Rs 158. ONGC was the only other loser, down marginally at Rs 249.

VALUE & VOLUME TOPPERS

Federal Bank topped the value chart with a turnover of Rs 476.60 crore on the BSE. It was followed by United Spirits (Rs 316.76 crore), Jet Airways (Rs 118.90 crore), SpiceJet (Rs 73.25 crore) and ICICI Bank (Rs 64.22 crore).

SpiceJet led the volume chart with trades of around 16.3 million shares followed by Suzlon Energy (12.9 million), Unitech (12.4 million), Federal Bank (10.5 million) and Kingfisher Airlines (6.6 million

Stock Market Tips

Base metals pack was subdued before the weekend on account of Eurozone Finance Ministers meet that is due on Monday. The Greece crisis and its bailout package is the agenda for the meet that went undecided this week.

LME Copper was in a tight range trading at $ 7686 per tonne down 0.63%. The metal closed at $ 7735 per tonne on Thursday, up by $ 11 per tonne. MCX Copper remained trading in a range of Rs 429-426 per kg on Thursday before settling at Rs 426.6 per kg, up 0.19%.

Even Nickel has started witnessing pressure after four consecutive days of gains. The stainless steel material is down by $ 194 per tonne at $ 16531 per tonne. MCX Nickel closed at Rs 913 per kg, down Rs 4.

The decline in consumer confidence data of Eurozone has cornered the gains in industrial metals. European Commission said that Euro zone consumer confidence fell to an annual rate of -26.9, from -25.7 in the preceding month whose figure was revised down from -25.6.

The news of manufacturing numbers that were on a supportive side for the metals has been discounted. Traders are likely to start fresh next week and will seek cues from China and other consuming nations of metals.

Last night, Euro zone's manufacturing PMI rose to 46.2 in October, from 45.4 in the preceding month. German manufacturing PMI rose to a seasonally adjusted 46.8, from 46.0 in the preceding month. France Manufacturing PMI gained to 44.7 in October, compared to 43.7 in September.