Wednesday, October 11, 2023

 The equity market extended the winning run on the second consecutive session on October 11 amid positive global markets and buying seen in the heavyweights. At close, the Sensex was up 393.69 points or 0.60 percent at 66,473.05, and the Nifty was up 121.50 points or 0.62 percent at 19,811.30.


After a gap-up start, the market extended the gains with Nifty above 19,800 and hovered around the same level throughout the session with buying seen across the sectors, baring PSU Banks.

The biggest gainers on the Nifty were Hero MotoCorp, Wipro, Grasim Industries, UltraTech Cement and Dr Reddy's Laboratories, while losers were HCL Technologies, Adani Ports, SBI, Coal India and TCS.

Except for PSU Bank, all other sectoral indices ended in the green with auto, FMCG, metal, pharma, power, oil & gas and realty up 0.5-1 percent.

BSE midcap index rose 0.5 percent and smallcap index added 0.7 percent.

A long build-up was seen in Vodafone Idea, City Union Bank and Ramco Cements, while a short build-up was seen in Bank of Baroda, HCL Technologies and ICICI Prudential Life Insurance Company.

Among individual stocks, a volume spike of more than 300 percent was seen in India Cements, Tata Chemicals and Wipro.

More than 250 stocks touched their 52-week high in today's session, including Mishra Dhatu Nigam, Welspun Corp, KPIT Technologies, Sunteck Realty, Ramco Cements, Phoenix Mills, Kalyan Jewellers, eClerx Services, Zomato, TVS Motor Company, Coal India, HDFC Asset Management Company, Ipca Laboratories, among others.

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