RIL, Infosys keep indices afloat

The Indian markets extended its pull back to second consecutive trading session on Tuesday led by gains in the index heavyweights like Reliance Industries, Infosys, Tata Steel and Cipla. In addition, a positive start to the equity markets across Europe lifted the sentiment on Dalal Street. The Indian stock markets showed resilience against the sell off in the US markets. Asian markets were flat.



Today’s rally was led by the BSE Realty, Oil & Gas and IT index, gaining over 1.3% each. Even the BSE Mid-Cap and the small-Cap index added 0.7% and 0.6% respectively. On the other hand, the BSE Capital Goods and FMCG index slipped 0.5% and 0.3% respectively.

"Markets seem to be showing some smart recovery amid improved FII flows. Though, the influx is still not strong enough to lift the key indices substantially. This week will see April IIP data announcement. The progress of monsoon will be watched closely which could have a bearing on sentiment of the Indian markets," says Amar Ambani, Head of Research, IIFL - India Private Clients.

The BSE Sensex ended at 18,495 adding 75 points. It had earlier touched a day's high of 18,545 and a day's low of 18,351. It opened at 18,355. The NSE Nifty closed at 5,556 adding 24 points.

Outside the index, the major gainers were Bajaj Finserve, Sterling Intl, Havells India, IRB Infra. Among the major losers were Pantaloon Retail, NFL, Shriram Trans and Engineers India.

The European markets were trading in the slightly in the positive terrain, the FTSE index was up 0.3%, CAC index was up 0.7% and DAX index was up 0.7%.

The shares of Atlanta rose by 3.70% to close at Rs. 75.60, up by Rs. 2.70, touching the day's high at Rs. 76.50 and low at Rs. 73.10 over the previous close. The total traded quantity stood at 3.94 lakh shares on the BSE.

The shares of Bajaj Auto slipped by 0.33% to close at Rs. 1,355.75, down by Rs. 4.55, as against the previous close of Rs. 1,360. It had earlier opened at Rs. 1,360 touching the day's high of Rs. 1,368 and low of Rs. 1,343 stating the total traded quantity at 0.13 lakh shares on the BSE.

The shares of Aptech rose by 1% to close at Rs. 101, up by Rs. 1. It had earlier opened at Rs. 100 touching the day's high and low at Rs. 101 and Rs. 99, respectively. The total traded quantity stood at 2.27 lakh shares on the BSE.

The shares of Aban Offshore rose by ~3% to close at Rs. 584 with the gain of Rs. 14 as against its previous close of Rs. 569. It touched the day's high at Rs. 588 and low at Rs. 564 with the opening of Rs.569. The total traded quantity stood at 3.06 lakh share.

The shares of ARSS Infrastructure Projects closed on a positive note at Rs. 457.20, up by Rs. 10.15 or 2.27% as against the previous close of Rs. 447. It had earlier opened at the day's low at Rs. 445 and high of Rs. 465. The total traded quantity stood at 5.00 lakh shares on the BSE.

The shares of Dr Reddy's Laboratories slipped by 0.17% to close at Rs. 1,601 with the loss of Rs. 2.65 over the previous close. The total traded quantity stood at 0.17 lakh shares on the BSE.

The shares of Bharti Airtel declined by 0.58% to close at Rs. 377.75, down by Rs. 2.20 over the previous close. It touched the day's high at Rs. 381 and low at Rs. 376 with the opening of Rs. 379 stating the total traded quantity at 1.28 lakh shares on the BSE.

The shares of Maruti Suzuki closed at Rs. 1,245, up 13 or 1.06% as against the previous close of Rs. 1,231. The stocks had earlier opened at Rs. 1,212 stating the day's high and low at Rs.1,247 and Rs. 1,206. The total traded quantity stood at 0.42 lakh shares on the BSE.

The shares of DJS Stock ended at Rs. 108, up 15% or up by Rs. 14, as against the previous close of Rs. 94. It had earlier opened at the day's low of Rs. 91 and high of Rs. 110. The total traded quantity stood at 12,289 lakh shares on the BSE.

The shares of Pantaloon Retail slipped by 3.17% and closed at Rs. 262.85, down by Rs. 8.60 over the previous close. It recorded the day's high and low at Rs. 269 and Rs. 262, respectively. The total traded quantity stood at 0.33 lakh shares on the BSE.

The shares of Niraj Cement ended in the positive at Rs. 41.15, up by Rs. 1.95 or 4.97% over the previous close. It touched the day's high at Rs. 41 and low at Rs. 38. The total traded quantity stood at 11,899 lakh shares on the BSE.