Market surged almost 0.56% due to the better than expected result from Index heavyweight HUL. 50 stocks index Nifty breached 5900 mark and ended at 5904.10 up by 32.65 points while Sensex closed at 19387.50 up over 100 points.
HUL reported 15% increase in the net profit to Rs. 787 crore for the fourth quarter of FY 2012-13. Maruti Suzuki hits 52 week high after reporting 80% increase in the net profit for the last quarter of FY 2012-13.
Among the sectoral indices CNX MNC increased by 2.61% followed by CNX FMCG (2.31%) & CNX Realty (1.77%). CNX Metal was down by -1.25%.
Market breadth was positive on the NSE with 722 gainers against 567 losers.
Among the 50 shares of Nifty 29 stocks advanced while 21 declined.
Top 5 Nifty gainers: HUL was the lead gainer, increased by 7.11%. Reliance Infrastructure Limited (4.35%), IndusInd Bank (3.68%), JP Associates (3.00%) and Hero Motorcorp (2.70%) were among the top gainers.
Top 5 Nifty losers: Jindal steel plunged -3.95% followed by NMDC (-2.33%), Coal India (-1.93%), Sun Pharma (-1.63%) and SBI (-1.04%).
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