Tracking global peers Sensex cracks a double ton...crosses 17400 After a firm start tracking global cues, key Indian benchmarks maintained their lead throughout the session before a happy ending with gains of over 1.25%.

1. Tracking global peers Sensex cracks a double ton...crosses 17400
Market Summary
06-Aug-2012
After a firm start tracking global cues, key Indian benchmarks maintained their lead throughout the session before a happy ending with
gains of over 1.25%.
The day’s proceedings were in conformance to a Way2wealth forecast in one of its morning report - “T aking clues from strong
global indices, today Indian bourses will open on positive note but on higher side will face resistance around 5280-5300 levels and
can see profit booking from those levels.†(Report)
Globally, U.S. markets rallied sharply on Friday on better than expected July jobs data. Asian and European peers did not lag behind.
Back home, the market breadth on the BSE closed in positive. Advances and declining stocks were in a ratio of 1623:1178 while 142
scrips remained unmoved.
The BSE Sensex ended at 17412.96, up 215.03 points or 1.25%. The 30 share index touched a high and a low of 17451.53 and
17313.05 respectively. 21 stocks advanced against 9 declining ones on the benchmark index.
The S&P CNX Nifty gained 66.85 points or 1.28% to settle at 5282.55. The index touched high and low of 5293.20 and 5260.85
respectively. 39 stocks advanced against 11 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved up to 6104.97 and gained 0.53% while Small-cap index jumped up by 0.79% to 6597.21.
The broader BSE 500 index increased to 6681.04 (up 1.00%) and S&P CNX 500 index rose to 4172.45 (up 1.05%).
The volatility as denoted by INDIA VIX gained 0.62% at 16.22 from its previous close of 16.12 on Friday.
Sectors in action
On the BSE Sectorial front, Oil & Gas (up 3.03%), Automobile (up 1.70%) and Banks (up 1.38%) were the top gainers.
FMCG (down 0.37%) and Information Technology (down 0.12%) were the top losers.
The Angels and the Devils
Reliance Industries Limited (up 5.71%), Tata Motors Limited (up 3.51%), GAIL (India) Limited (up 2.49%), HDFC Bank (up 1.95%) and
Tata Steel Limited (up 1.85%) were the top gainers on the Sensex.
Dr. Reddys Laboratories Ltd. (down 0.90%), T Consultancy Services Limited (down 0.69%), Wipro Limited (down 0.59%), ITC
ata
Limited (down 0.54%) and NTPC Limited (down 0.54%) were the top losers on the Sensex.
Benchmark Drivers
Reliance Industries Limited (89.98 points), HDFC Bank (25.79 points), ICICI Bank (19.62 points), Housing Development Finance
Corporation Limited (17.33 points) and Tata Motors Limited (16.23 points) were the major Sensex drivers today.
On the other end Reliance Industries Limited (24.05 points), HDFC Bank (7.04 points), ICICI Bank (5.02 points), Housing
Development Finance Corporation Limited (4.84 points) and Tata Motors Limited (4.42 points) were the major Nifty movers today.
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