Market ends in green ahead of F&O expiry

The Sensex ended the volatile session on a positive note ahead of August series F&O expiry, supported by IT, Tech and realty stocks. Broader markets also performed well. It opened with a gain of 74.62 points, at 15,763.09 on Wednesday folllowing encouraging global cues. The index traded in a range bound manner in the noon trades and later gained momentum on account of sustained buying interest seen in frontliners. It touched a high of 15,831.49 to finally end on a higher note.

BSE Midcap and Smallcap index rose 1.10% and 1.97% respectively.

On sectoral front, BSE IT surged 3.35%, Teck gained 2.50%, Realty moved up 1.23% and Healthcare rose 0.80%, while FMCG down 1.01%.


European stocks pared losses as a rally in Serco Group and bank shares offset a sell-off in WPP. UK`s benchmark index FTSE 100 fell 27.04 points, or 0.55%, to trade at 4,889.59. French benchmark index CAC 40 declined 12.32 points, or 0.33%, to trade 3,668.29. Germany`s benchmark index DAX decreased 35.96 points, or 0.64%, to trade at 5,521.74. (4.30 p.m, IST).

Asian stocks advanced as Chinese companies increased earnings and a US consumer confidence report beat economist estimates. Japanese benchmark index Nikkei rose 142.35 points, or 1.36%, to end at 10,639.71. Hong Kong`s Hang Seng index gained 21.08 points, or 0.10%, to close at 20,456.32. China`s Shanghai Composite increased 51.79 points, or 1.78% to settle at 2,967.60.

Indian stock market started the day on a positive note after a rise of 0.38% on the previous working day. The 30-share index, BSE Sensex opened with a gain of 74.62 points, at 15,763.09 on Wednesday.

Currently, the 30-share index Sensex is trading up 81.38 points, or 0.52%, at 15,769.85, after touching a high of 15,831.49 and a low of 15,695.94. Meanwhile the broad based Nifty is trading higher by 21.50 points, or 0.46%, at 4,680.85, after hitting a high of 4,697.80 and a low of 4,659.10. (03.55 p.m.)

Overall market breadth was extremely positive. Out of the total 2,867 stocks traded at BSE, 1,943 advanced, 851 declined while 73 remained unchanged.

Major gainers in the 30-share index were Infosys Technologies (4.07%), Sterlite Industries (India) (3.92%), Tata Consultancy Services (3.75%), Wipro (2.34%), Reliance Communications (1.98%), and Tata Motors (1.71%).

On the other hand, Hindustan Unilever (2.29%), HDFC Bank (1.79%), Hero Honda Motors (1.19%), Grasim Industries (0.98%), Maruti Suzuki India (0.94%), and ITC (0.89%) were the major losers in the Sensex.