"The entry in the Nifty-50 will definitely have a positiveimpact on the stocks in terms of valuation. Besides, the stocks will be coveredby the larger universe of investors," Unicon Financial Services CEOsaid.
Shares of Bajaj Auto settled at Rs 2,748.85, up 2.62 per centon the Bombay Stock Exchange. During the day, the scrip soared 4.38 per cent totouch a year-high of Rs 2,796.
will be space for five autos any time", Jyoti Singh, counsel for the traffic police told a Bench.
But when the petitioner said a detailed list of all spot was not part of the notification, Chief Justice Dipak Misra and Justice Manmohan asked Singh to ensure the exhaustive list be put on the traffic police website.
The traffic police said they would take the help of civic agencies to put up signages at each spot.
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At 2.48 pm, the BSE Sensex was trading at 18,203, up 154 points and the NSE Nifty rose 51 points to 5,465.
On the Sensex, 22 stocks advanced and 7 declined. Tata Motors extended gains to 3.53 per cent. HDFC Bank rose 2.92 per cent and Hindalco added 2.67 per cent. HDFC advanced 2.28 per cent. The stock was split 1:5 today. Among the losers, RCom declined 1.63 per cent, SBI fell 1.35 per cent.
In terms of weightage, HDFC Bank and HDFC contributed 51 points to the Sensex. RIL was the biggest drag costing the index almost 20 points.
MUMBAI:Benchmarks were moving in a narrow range as investors chose to stay on sidelinesat higher levels. However, buying activity was seen in tier II and IIIstocks.
At 2:50 pm; Bombay StockExchange’s Sensex was at 18104.54, up 53.76 points or 0.30 per cent. Theindex touched a high of 18140.15 and low of 18026 in trade sofar.
National Stock Exchange’sNifty was at 5430, up 11.7 points or 0.22 per cent. The index touched intradayhigh of 5443.55 and low of 5410.10.
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