The 30-share benchmark, BSE Sensex having shed some of its gains in the earlier session, continues to trade in the positive terrain. Heavy buying spree is seen across board. It touched an intraday high of 19,360.23.
All sectors were trading in the positive terrain.
BSE Sensex is trading strong at 19,207.29, up 354.42 points, while NSE Nifty is trading at 5,712.40, up 103.8 points (1.08 p.m).
The BSE Midcap added 1.59% and BSE Smallcap added 1.52%.
Out of the total 2,745 stocks traded at the BSE, 1,912 advanced, 776 declined, while 57 remained unchanged.Amongst the sectoral indices, BSE Auto rose 1.01%, BSE IT rose 2.43%, BSE Power rose 1.92%, BSE Realty moved up 2.47%, BSE Metal inched up 2.49% and BSE Bankex rose 2.05%.
Leaders at the BSE Sensex include: HDFC Bank which rose 4.82% to Rs 1638.00, TCS rose 3.18% to Rs 990.50 and ONGC rose 2.98% to Rs 1179.95. HDFC, Satyam, Reliance Energy, Bajaj Auto
SBI which declined 0.32% to Rs 2244.00 and Tata Motors declined 0.23% to Rs 713.00 were the only two losers at the BSE Sensex. Shares of Chennai-based alcoholic beverages manufacturer Empee Distilleries (BVCL) on Monday (November 26) opened for trading at its issue price of Rs 400 a share on the Bombay Stock exchange (BSE). The company is listed in the `B1` group.
The scrip touched a high of Rs 489. However, the company pared all its gains to touch a low of Rs 301.
The scrip was last trading at Rs 333.70. A total of 3202609 shares changed hands on BSE. (12.58 p.m)
The company had come out with an initial public offering (IPO) of 4.8 million shares of Rs 10 each, at price band of Rs 350-400 a share. The issue was open for subscription from Nov. 1, 2007 to Nov. 6, 2007, and was subscribed 6.87 times.
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