This seems to be a good week for the Indian Stock Markets, as the market has been closed in profits for almost whole the week, Today (Friday January 20, 2012) markets ends up at 16379.01 with a rise of 95.27 points for the BSE Sensex which is of 0.57% growth and NIFTY (NSE) ends up at 5048.20 with a rise of 30.20 points which is of 0.60% growth when compared to the earlier day’s closing.
Reliance announcement on buying back its shares has been one of the major reason for the market’s growth, while other factors like Gradual easing of funding problems in the eurozone, improvement of the economic data of United States, appreciation of rupee has helped the market to rise over 8% during last 3 weeks.
Top gainers of the day in NSE include Bajaj Auto with a rise of 6.38%, ICICI Bank with a rise of 5.68%, Axis Bank with a rise of 5.65%, Kotak Mahindra with a rise of 4.22%, Punjab National Bank with a rise of 4.04% and the top gainers of the day in BSE include Bajaj Auto with a rise of 6.18%, ICICI Bank with a rise of 5.81%, Jindal Steel with a rise of 3.35%, BHEL with a rise of 3.09%, Hero Motocorp with a rise of 2.63%.
Top Losers of NSE are ITC, Dr. Reddys Labs, Mah and Mah, Maruti Suzuki, Reliance Power and top losers of BSE include ITC, Mah and Mah, Maruti Suzuki, Hindalco and Coal India.