New Delhi: Markets are showing similar sings of volatility, as witnessed in July last year— bringing back the memories of the bloodbath that Dalal Street went through when Sensex fell a record 650 points.
On Friday, the last trading day of the week, BSE Sensex slipped little bit from the days high on the back of some selling pressure seen in the oil & gas and pharma stocks.
Real estate and capita good sectors however showed strength. Market men also heaved a sigh of relief as inflation dropped down to 4.36 per cent for the week ended July 21 as against versus 4.41 per cent in the same week previous year.
At 1:34 pm, the Sensex was up 155.15 points or 1.04 per cent at 15,140.85, and the Nifty up 47.20 points at 4,403.55. Rupee has strengthened slightly and was trading at Rs 40.33 versus US dollar.
Top gainers on the Sensex were ACC at Rs 1,013 up 3.05 per cent, SBI at Rs 1,636.50 up 2.75 per cent and NTPC at Rs 166.10 up 2.34 per cent.
Top losers on the Sensex were Ranbaxy Labs at Rs 367.15 down 1.16 per cent, HDFC Bank at Rs 1,144 down 0.74 per cent and Dr Reddys Labs at Rs 628 down 0.47 per cent.
Most active shares on BSE were Unitech at Rs 546.15 with 2,362,812 shares, Simplex Project at Rs 280.60 with 4,508,483 shares and GMR Infra at Rs 818 with 1,242,576 shares.
BSE realty index emerged the leader with a gain of 2.8 per cent at 7,666.86. Major gainers in realty space were India Bull real estate, Akruti Nirman and Paninsular Land.
In capital goods space, major gainers are Alsom Projects, Punj Lloyd, Crompton Greaves and BHEL. Cap good index was up 264.69 points at 13056.52.
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