INSUBCONTINENT EXCLUSIVE:
NEW DELHI: It was a spectacle Dalal Street was yearning for long!
Buoyed by a sharp drop in crude oil prices, positive trend in global
markets and brisk buying in blue chip stocks, the bulls broke free and lifted the indices to new lifetime highs on Thursday
the first time since January 1, 2018 to end at 11,023
The top newsmakers of the session included RIL, Petronet LNG, Marico and Infosys, among others.
RIL reclaims $100b m-capThe oil-to-telecom
conglomerate today achieved the coveted feat of $100 billion market-capitalisation
The stock alone contributed 149 points to the Sensex rally
The stock closed at a record high of Rs 1082.20 apiece on BSE
At close, the m-cap stood at exact $100 billion.
Block dealsPetronet LNG shed one and a half per cent to settle at Rs 217.30 apiece after
13.5 lakh shares changed hands in a block deal
Marico gained over 2 per cent to Rs 351.55 apiece after 20 lakh shares traded in a block deal
ICICI Bank ended 1.32 per cent higher after 10 lakh shares changed hands in a block deal
@52-week highsA total of 27 securities hit their fresh 52-week highs during the session
The list included HDFC Bank, Bajaj Finance, Berger Paints, Borosil Glass Works and Britannia Industries
On the other hand, 67 securities hit 52-week lows
Top volume gainersGMR Infra, Adani Power, JP Associates, Suzlon Energy, Uttam Value Steels and Reliance Communications were the most active
stocks in terms of volume.
Infy falls ahead of Q1 nosIT major Infosys ended 2 per cent lower at Rs 1,294 apiece
The company is slated to release its June quarter results on Friday
Second-rung stocks underperformBucking the broader market trends, midcaps and smallcap stocks lost in the trade
The SP BSE Midcap index ended 0.52 per cent lower at 15,551, while the SP BSE Smallcap index shed 0.06 per cent to close at 16,420.
MACD
shows 59 stocks set to riseTechnical indicator MACD showed as many as 59 stocks including HPCL, Balrampur Chini, Ruchi Soya, Sonata
Software, Coffee Day Enterprise and Welspun India are set to rally in the coming sessions
On the contrary, 23 scrips are poised to fall.
Call/Put writingOn the options front, maximum Put open interest was at 10,600 followed by
10,700, while maximum Call OI was at 11,000 followed by 11,100
There was significant Put writing at 11,000, 10,900 and 11,100 levels while Call writing was seen at 11,200 and 11,100.
