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Tuesday, September 6, 2011

Market turns positive; RIL, Wipro, ONGC rise 6th Sept

The Indian markets turned green in the afternoon session thanks to the positive cues from the European markets. Buying in oil & gas, auto, capital goods and IT shares led the upmove. Index heavyweights like RIL, ONGC, M&M, Tata Motors were the positive contributors to the Sensex. 

 The market breadth, indicating the overall health of the market, was negative. On the BSE, 1316 shares declined and 1285 shares rose. A total of 111 shares remained unchanged. Among the 30 Sensex stocks, 17 were trading higher. M&M rose by 2.92%, RIL surged 1.83% and Maruti Suzuki up 1.76%. DLF down by 4.64%, Sun Pharma dipped by 2.49% and SBI slipped by 2.10%.

 Among sectoral indices, gainers - BSE Oil & Gas gained the most by 1.20%, BSE Auto up by 0.85% and BSE Capital Goods (CG) rose by 0.35%. Losers - BSE Realty lost the most by 2.97%, BSE Bankex fell by 0.72% and BSE Consumer Durables (CD) down by 0.68%. 

 At 2.02 pm, the Sensex was trading at 16741, 28 points higher and the Nifty was trading at 5029, up by 14 points.

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