In global markets, aggressive bullishness in the US market yesterday saw the Dow Jones up 555 points and IT stocks Nasdaq up 402 points, averting recession fears for the US economy and on a positive sign, Asian markets were broadly bullish today with Indian stock markets trading IT-software services, technology stocks and auto stocks. Hanuman leaped at the market leading the way. IT stocks including TCS, HCL Technology, automobile frontline stocks including Mahindra & Mahindra, Tata Motors along with banking-finance stocks including HDFC Bank, ICICI Bank, State Bank and Reliance, ITC along with capital goods, metal-mining, FMCG, healthcare, oil -Funds made huge purchases in gas stocks and realty stocks too, making the market bullish. Along with this, extensive buying in small and mid-cap stocks also made the sellers in the market regret. Sensex jumped 1330.96 points to 80436.84 and Nifty 50 spot rose 397.40 points to close at 24541.15.
IT Index rose 1098: Zensar rose by Rs.56, TCS rose by Rs.125, Wipro rose by Rs.21, Ramco rose by Rs.24:
The BSE IT index jumped 1098.28 points to close at 41549.12 as funds, maharathis aggressively bought in IT-software services, technology stocks today. Zensar Technology rose by Rs.55.95 to Rs.797.90, Emphasis by Rs.104.75 to Rs.2911.65, Genesis by Rs.45.05 to Rs.709.45, Ramco Systems by Rs.23.70 to Rs. 393.80, Zegal Prepaid rose by Rs.22.15 to Rs.374.70, MapMy India rose by Rs.134.90 to Rs.2247.55, Wipro rose by Rs.21.30 to Rs.516.40, Tech Mahindra rose by Rs.61 .20 up to Rs.1585.10, Proteon up by Rs.86.90 to Rs.1921.45, TCS up by Rs.124.90 to Rs.4416.55, HCL Technology up by Rs.43.10 to Rs.1669.05, Infosys Rs.36.70 increased to Rs.1859.35. In banking-finance stocks, funds were again bullish buyers today. ICICI Bank increased by Rs.25.25 to Rs.1187.45, IndusInd Bank increased by Rs.26.75 to Rs.1365.40, Canara Bank increased by Rs.1.95 to Rs.107.60, Kotak Mahindra Bank increased by Rs.30.80 increased to Rs.1778.95, HDFC Bank increased by Rs.24.45 to Rs.1632.35, Axis Bank increased by Rs.14.50 to Rs.1167.15, State Bank of India increased by Rs.9.50 to Rs.812.45 were staying The BSE Bankex index rose 911.86 points to close at 57633.81.
Auto Index jumps 1077 points: Ashok Leyland, Mahindra, Tata Motors, Bosch, Exide rise:
In the shares of automobile companies today, the BSE Auto Index rose by 1077.37 points to close at 57823.06 as the funds bought again aggressively. Ashok Leyland increased by Rs.9.35 to Rs.255.80, Tata Motors increased by Rs.36.80 to Rs.1098.80, Mahindra & Mahindra increased by Rs.94.70 to Rs.2840.60, Bosch increased by Rs.931.15 31919.30, Exide Industries rose by Rs.9.10 to Rs.495.30, Eicher Motors rose by Rs.83.40 to Rs.4816.10, Bajaj Auto rose by Rs.138.90 to Rs.9887.65, Hero Motocorp rose by Rs. Cummins India increased by Rs.51.75 to Rs.5125.80, Cummins India increased by Rs.37.70 to Rs.3761.15.
