Sensex surges 256 pts; PSU banks, Metal stocks gain
11/06/2019 14:35

The benchmark indices have touched day's high level and are trading more than half of a per cent higher in the late afternoon session. Among sectoral indices, FMCG, pharma and realty are trading in red, while PSU Banks and Metal stocks are up over 1 per cent each. In individual shares, Brooks Laboratories board has decided to raise funds up to an aggregate value not exceeding of Rs 25 crore by issue of equity shares of the company on a right basis.

At 14:20 hours, the SENSEX was trading at 40040.55 up by 256.03 points or by 0.64 per cent and then NSE Nifty was at 11992.65 up by 69.95 points or by 0.59 per cent. The BSE Sensex touched intraday high of 40053.86 and intraday low of 39760.02 The NSE Nifty touched intraday high of 11993.55 and intraday low of 11904.35.

The top gainers of the BSE Sensex were YES Bank Ltd. (Rs. 142.45,+4.82%), Oil And Natural Gas Corporation Ltd. (Rs. 169.65,+2.97%), Tata Motors Ltd. (Rs. 83.20,+2.65%), IndusInd Bank Ltd. (Rs. 1588.00,+2.44%), Vedanta Ltd. (Rs. 169.40,+2.39%), among others. On the other hand, the top losers of the BSE Sensex were Sun Pharmaceutical Industries Ltd. (Rs. 391.10,-2.68%), Mahindra & Mahindra Ltd. (Rs. 637.85,-1.44%), Larsen & Toubro Ltd. (Rs. 1526.00,-0.40%), Coal India Ltd. (Rs. 259.00,-0.38%), Power Grid Corporation of India Ltd. (Rs. 192.95,-0.31%), among others.

Among sectors, Bankex index was at 35239.04 up by 406.17 points or by 1.17%. YES Bank Ltd. (Rs. 142.45,+4.82%), Bank of Baroda (Rs. 121.55,+3.01%), IndusInd Bank Ltd. (Rs. 1588.00,+2.44%), Federal Bank Ltd. (Rs. 107.30,+2.00%), ICICI Bank Ltd. (Rs. 423.35,+1.79%),. On the flip side, FMCG index was at 11668.91 down by 10.27 points or by 0.09%. McLeod Russel (India) Ltd. (Rs. 25.10,-9.87%), Kwality Ltd. (Rs. 4.40,-6.58%), Manpasand Beverages Ltd. (Rs. 37.95,-4.89%), Sanwaria Consumer Ltd. (Rs. 6.86,-3.11%), Avadh Sugar & Energy Ltd. (Rs. 701.00,-3.01%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2773 , shares advanced were 1139 while 1465 shares declined and 169 were unchanged.