Monday, July 5, 2010

Sensex northbound; Jindal Cotex, Aban Offshore most active

Sensex northbound


However, selling continued in Reliance Communications, Reliance Power, Idea Cellular, Maruti Suzuki, Hero Honda, BPCL, PNB, Suzlon and Ambuja Cements.

The Sensex was trading at 17527, up 86 points and the Nifty was at 5260, up 25 points. The Nifty July future was trading at 6 points premium.

Shares of software companies like TCS, Wipro, HCL Tech and Infosys gained 0.7-1.76% ahead of Infosys numbers for the quarter ended June 2010.

In the financial space, HDFC Bank, SBI, ICICI Bank and Axis Bank were up 0.6-1.25%.
SpiceJet (block deal happened), Jindal Cotex (will be shifted into T2T from July 9), Aban Offshore, Swaraj Engines, Reliance Power, Bharti Airtel, Tata Steel and Reliance Communications were the most active shares

http://www.moneycontrol.com

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