Indian Stock Markets have closed with profits in last 3 consecutive days and have gained over 131 points which is of 0.76% at BSE level and closes at 17,431.85, while NSE have gone up with 34.20 points or 0.65% increase and ends at 5,269.90 points by the time market closes on Thursday, February 2, 2012.
The impact of Supreme Court’s order for cancellation of 2G spectrum licenses issued by A Raja (then tele communications minister) is shown on telecom stocks and have market have witnessed heavy selling pressure for those stocks how ever Bhrati Airtel have managed to record a growth of 6.79% and closed at 385.85 and emerged as the top gainer of the day at National Stock Exchange (NSE) & Bombay Stock Exchange (BSE).
On the other side Top gainers of the day at NSE include Bharti Airtel with a growth rate of 6.79%, HCL Technologies with a growth rate of 5.38%, Sesa Goa with a growth rate of 4.71%, DLF with a growth rate of 4.26% and Ambuja Cements with a growth rate of 4.14% and the top gainers at BSE are as follows Bharti Airtel with a growth rate of 6.88%, DLF with a growth rate of 4.05, Sterlite Industries with a growth rate of 3.90%, Wipro with a growth rate of 3.46% & GAIL with a growth rate of 3.15%.
On the flip side IDFC, Reliance Communications, Dr Reddys Labs, Cipla, Cairn India, ITC, Jindal Steel, Tata Motors, Sun Pharma stood as poor performers of the day at both of the exchanges.