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Friday, April 24, 2009

Market ended higher

The markets ended higher this week; the Sensex was up 2.78%, at 11,329.05 and the Nifty gained 2.85% at 3,480.75. Among broader indices, CNX Midcap Index was up 2.3% and BSE Smallcap Index gained 2.8%. Nifty Junior went up 5%.
Among frontliners, Reliance Power, Reliance Infrastructure, Suzlon Energy and Idea Cellular shot up 12-14%. However, Unitech was down 13%. Ranbaxy and Nalco fell 5% each.
Among cement companies, ACC was up 11.2% and Grasim went up 10%.
On the sectoral front, BSE Metal Index rose 5%, as SAIL gained 8% and Hindalco was up 3.7%. IT Index surged 3.7%, as Wipro shot up 13.7% (post Q4 numbers).
Non-index gainers like IFCI was up 12.5% and IDFC rose 13.5%. GVK Power and HDIL moved up 20% each.
TVS Motor, Birla Power and Shiv-vani Oil, gained 23-30%.

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