SENSEX | NIFTY smiles for yet another day - closes above 19500

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Indian Stock indices partying time is getting longer and longer as the major indices including Bombay Stock Exchange SENSEX and national Stock exchange NIFTY closed in green yet again today with stocks of services major Infosys and Reliance Industries rising the most today.

However since the global markets have opened in red today hence Indian stock indices might see some correction tomorrow.

Coming to the stock markets updates for today Sensex ended at 19502.11, up 155.15 points. The 30 component benchmark index touched a high of 19554.36 and low of 19340.99.

Whereas broader index NIFTY closed at 5860.95, up by 65.4 points. The 50 stock index touched a high of 5869.45 and low of 5792.20 during intraday trading.

BSE's Sectoral Indices Performance today:
Bombay Stock Exchange's Midcap index closed up by 0.08 percent whereas smallcap index closed down by 0.09 percent today. BSE IT Index closed up by 2.54 percent , BSE Oil&Gas Index was also up by 1.75 percent and BSE Metal Index moved higher by 0.84 percent at end of today's trading.
Shares of Infosys, Reliance, Wipro, TCS all closed up by over 2 percent today.

The performance of indian stock markets is looking sceptical as Market breadth was negative on the BSE with 1702 losers against 1253 gainers yet again today.

Indian Markets | SENSEX | NIFTY gain.. awaiting correction?

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Major Indian stock indices including Bombay stock exchange's 30 component Sensex and National Stock Exchange's Nifty are continuing their upward journey for second week on the row, with stock touching all time high, Now the question is whether this buying is artificial for profit booking? and Indian stocks are looking for some correction in coming days because one feels that currently indian stocks are overpriced where as the global peers like Dow Jones industrials, European stock are looking normal.

For complete guide on Stock investing tips(click here)

India Stock indices SENSEX closed well over 100 points up today at 19346.96, up 138.63 points. The 30-share benchmark index hit intraday high of 19487.07 and low of 19218.13 during intraday trading(read Intraday trading tips).

If we check report card for the components of SENSEX, It looked as below at end of today's trading:

SENSEX	14 SepEOD
Company Name	Industry	LastPrice	Change	% Chg	Mkt Cap(Rs cr)	Weight
ACC	Cement - Major	970.90	-18.95	-1.91	18,247.09	0.62
Bharti Airtel	Telecommunications - Service	356.35	7.40	2.12	135,324.98	4.62
BHEL	Engineering - Heavy	2,500.65	8.80	0.35	122,411.82	4.18
Cipla	Pharmaceuticals	310.45	3.80	1.24	24,926.69	0.85
DLF	Construction & Contracting - Real Estate	341.25	8.40	2.52	57,923.88	1.98
HDFC	Finance - Housing	672.60	8.45	1.27	98,094.83	3.35
HDFC Bank	Banks - Private Sector	2,335.25	53.10	2.33	107,349.27	3.67
Hero Honda	Auto - 2 & 3 Wheelers	1,721.75	-5.90	-0.34	34,381.20	1.17
Hindalco	Aluminium	186.50	-3.75	-1.97	35,686.33	1.22
HUL	Personal Care	278.45	0.10	0.04	60,766.69	2.08
ICICI Bank	Banks - Private Sector	1,100.25	2.95	0.27	122,728.34	4.19
Infosys	Computers - Software	2,975.95	40.45	1.38	170,790.10	5.83
ITC	Cigarettes	165.00	2.00	1.23	126,281.15	4.31
Jaiprakash Asso	Construction & Contracting - Civil	126.25	4.05	3.31	26,823.51	0.92
Jindal Steel	Steel - Sponge Iron	711.60	-4.95	-0.69	66,459.38	2.27
Larsen	Engineering - Heavy	1,920.65	16.75	0.88	115,847.29	3.96
Mah and Mah	Auto - Cars & Jeeps	670.05	9.50	1.44	38,758.00	1.32
Maruti Suzuki	Auto - Cars & Jeeps	1,346.10	19.90	1.50	38,890.18	1.33
NTPC	Power - Generation/Distribution	205.65	-1.25	-0.60	169,567.98	5.79
ONGC	Oil Drilling And Exploration	1,395.35	19.45	1.41	298,447.58	10.19
Reliance	Refineries	987.75	-4.45	-0.45	323,116.51	11.04
Reliance Comm	Telecommunications - Service	162.55	-0.35	-0.21	33,550.76	1.15
Reliance Infra	Power - Generation/Distribution	1,055.80	0.80	0.08	25,853.40	0.88
SBI	Banks - Public Sector	3,113.70	-33.55	-1.07	197,683.68	6.75
Sterlite Ind	Metals - Non Ferrous	170.80	4.45	2.68	57,416.16	1.96
Tata Motors	Auto - LCVs/HCVs	1,054.45	28.05	2.73	60,166.92	2.06
Tata Power	Power - Generation/Distribution	1,265.20	-9.75	-0.76	30,024.11	1.03
Tata Steel	Steel - Large	596.80	-4.35	-0.72	52,960.63	1.81
TCS	Computers - Software	894.15	14.50	1.65	175,004.92	5.98
Wipro	Computers - Software	417.45	14.75	3.66	102,254.38	3.49

Whereas Nifty closed at 5795.55, up 35.55 points or 0.62 per cent.Hence the mood at dalaal street was very promising today.

If we check perfomance of both Bombay Stock exchange and National Stock Exchange sector wise then following picture arised at end of the day:

BSE Sectoral updates today:

Index Name	Last Trade	Change
BSE 30	19,346.96	138.63(0.72%)
AUTO INDEX	9,278.80	125.07 (1.37%)
BANKEX	13,524.06	69.50(0.52%)
BSE - 100	10,307.75	54.27(0.53%)
BSE - 200	2,463.36	10.20 (0.42%)
BSE - 500	7,790.97	23.42(0.30%)
BSE - CAPITAL GOODS	15,307.57	84.86(0.56%)
BSE - CONS. DURABLES	6,047.75	93.09(1.56%)
BSE - FMCG	3,497.17	12.89(0.37%)
BSE - HEALTHCARE	5,736.80	0.16(0.00%)
BSE - INFOTECH	5,804.72	83.24(1.45%)
BSE Mid-Cap	8,061.27	51.10(0.63%)
BSE PUBLIC SECTOR	10,247.01	38.12(0.37%)
BSE Small-Cap	10,195.40	76.54(0.75%)
BSE TECK INDEX	3,633.58	46.37(1.29%)
METAL INDEX	16,301.82	86.63 (0.53%)
OIL & GAS INDEX	10,461.87	25.40 (0.24%)

And National Stock exchange report card looked as given below:

Index Name	Last Trade	Change
S&P CNX NIFTY	5,795.55	35.55 (0.62%)
S&P CNX DEFTY	4,326.90	22.85(0.53%)
CNX NIFTY Junior	12,483.40	25.95 (0.21%)
S&P CNX 500	4,828.55	15.30 (0.32%)
CNX MIDCAP 200	9,140.20	43.30 (0.47%)
BANK NIFTY	11,928.35	55.50 (0.47%)
CNX IT	6,441.75	83.60(1.31%)

Indian Stock Market Headlines for the day

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Following are the most important news which came from Indian Stock markets(both Bombay Stock Exchange and National Stock Exchange):for today's stock updates for SENSEX and NIFTY click here

1. Vishal Retail to sell for 100 crore
2. State Bank of India's Market capitalization crosses 2 lakh crore mark.
3. Reliance Industries gain over 4 percent
4. Aqua to acquire 60 percent in star distribution.
5. ONGC up 2 percent on expansion plans
6. Supreme court to hear plea against SEBI

Indian Stock Markets close in all green

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Major Indian Stock indices like BSE's 30 component SENSEX and NSE's broader index Nifty closed over 2 percent up today on the basis of strong buying seen through out the day, hence making the rally for continuos second day today.

All of the components of the Sensex were in green at closing today, SENSEX finally closed 2.17 percent up wrto previous close. Finally Sensex closed at 19208.33 up 408.67 points today.

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Top Sensex gainers included State Bank of India, HDFC, Hindalco, Reliance Infrastructure and ICICI Bank. Major sectoral indices also closed in green.
BSE Bankex index is up by 3.62 per cent, BSE Oil&Gas Index also followed with 2.57 percent rise and BSE Realty Index moved up by 2.46 percent. BSE Midcap Index was up 0.77 per cent and BSE Smallcap Index moved higher by 0.22 per cent.

National Stock Exchange’s Nifty closed at 5760, up 119.95 points from previous close. The index touched high of 5770.60 and low of 5639.20 in intraday trading today.

FDI boosts Indian stock markets for second day BSE | NSE ^up

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The ever increasing foreign direct investment in India boosted the Indian Stock indices like Bombay Stock Exchange's SENSEX and NSE's NIFTY for second day today, It can be recalled that Sensex and Nifty both closed up by over two percent yesterday too.

The 30 stock benchmark index Sensex closed up by over 85 points at 18,645.06 with 19 of the total 30 components closing in green while 11 closing on the other side, The details are as follows:

SENSEX	07 Sep 17:31
Company Name	Industry	LastPrice	Change	% Chg	Mkt Cap(Rs cr)	Weight
ACC	Cement - Major	962.70	60.20	6.67	18,092.98	0.64
Bharti Airtel	Telecommunications - Service	343.25	-0.35	-0.10	130,350.22	4.61
BHEL	Engineering - Heavy	2,434.75	-8.65	-0.35	119,185.88	4.22
Cipla	Pharmaceuticals	312.30	2.35	0.76	25,075.23	0.89
DLF	Construction & Contracting - Real Estate	316.70	-1.65	-0.52	53,756.76	1.90
HDFC	Finance - Housing	632.70	-2.15	-0.34	92,275.65	3.27
HDFC Bank	Banks - Private Sector	2,197.20	-8.55	-0.39	101,003.24	3.57
Hero Honda	Auto - 2 & 3 Wheelers	1,707.90	5.00	0.29	34,104.63	1.21
Hindalco	Aluminium	179.90	1.35	0.76	34,423.44	1.22
HUL	Personal Care	269.50	-1.95	-0.72	58,813.52	2.08
ICICI Bank	Banks - Private Sector	1,036.10	-1.60	-0.15	115,572.67	4.09
Infosys	Computers - Software	2,855.55	24.05	0.85	163,880.33	5.80
ITC	Cigarettes	165.85	0.20	0.12	126,931.69	4.49
Jaiprakash Asso	Construction & Contracting - Civil	118.60	1.95	1.67	25,198.17	0.89
Jindal Steel	Steel - Sponge Iron	706.30	11.60	1.67	65,964.39	2.33
Larsen	Engineering - Heavy	1,876.25	42.65	2.33	113,169.23	4.01
Mah and Mah	Auto - Cars & Jeeps	629.65	-3.80	-0.60	36,421.13	1.29
Maruti Suzuki	Auto - Cars & Jeeps	1,317.15	13.95	1.07	38,053.79	1.35
NTPC	Power - Generation/Distribution	199.65	3.00	1.53	164,620.70	5.83
ONGC	Oil Drilling And Exploration	1,350.80	0.70	0.05	288,918.90	10.23
Reliance	Refineries	961.85	8.65	0.91	314,644.00	11.14
Reliance Comm	Telecommunications - Service	163.10	0.20	0.12	33,664.28	1.19
Reliance Infra	Power - Generation/Distribution	1,041.70	-1.60	-0.15	25,508.14	0.90
SBI	Banks - Public Sector	2,835.55	-23.20	-0.81	180,024.39	6.37
Sterlite Ind	Metals - Non Ferrous	164.70	0.30	0.18	55,365.58	1.96
Tata Motors	Auto - LCVs/HCVs	1,038.05	3.30	0.32	59,231.13	2.10
Tata Power	Power - Generation/Distribution	1,270.05	-7.90	-0.62	30,139.21	1.07
Tata Steel	Steel - Large	576.30	0.70	0.12	51,141.44	1.81
TCS	Computers - Software	869.25	16.15	1.89	170,131.44	6.02
Wipro	Computers - Software	407.55	2.90	0.72	99,829.37	3.53

The broader index National Stock Exchange's NIFTY closed at 5604 up 27 points today.

Global Markets to guide Indian stock markets this week

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Indian Stock markets are probably looking for some correction in coming week, Since major indian indices like BSE's Sensex and NSE's Nifty are trading in a very broad range from past six months and would be in narrow range this month, Since global indices are under lots of pressure and would probably see a correction this month(read full).

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Thus Indian Stock markets can fall too in coming weeks., Indian Markets would be closed on friday on occasion of eid.