Markets end with modest gain

New Delhi: The markets end with modest gain on Thursday helped by index heavyweight Reliance Industries Ltd, even though it opened in red.

With the telecom stocks stirred up, the markets saw a reversal in trend during the later part of the day.

The markets moved in the green with some modest gains on the back of selective buying seen in scrips from auto, metal and pharma sector.

The volatility was low accompanied by low volumes and positive breadth.

The 30-share benchmark index, Sensex moved up by 0.33 per cent, snapping a two-day fall, to end at 13,384.86 points and the Nifty up 17.95 points or 0.47 per cent at 3833.5.

About 1405 shares have advanced, 1094 shares declined, and 62 shares are unchanged.

The BSE Small Cap Index closed at 6,665.44 up 45 points or 0.7 per cent.

The BSE Midcap Index ended at 5,612.70 up 38.30 points or 0.7 per cent.

The BSE Bankex was down 0.4 per cent at 6,814.71IOB, Canara Bank, Bank of Baroda, PNB, HDFC Bank moved downwards.

The BSE IT Index lost 0.3 per cent at 5,027.28. I-Flex Solution, Infosys declined.

The BSE Metal Index was up 0.8 per cent to close at 8,709.16. Mah Seamless, Sesa Goa, JSW Steel, Tata Steel, Jindal Saw ended higher.

The BSE Capital Goods Index was lost 0.2 per cent at 8,811.51. HEG, SKF India, Thermax, Siemens, ABB closed lower.

The BSE Health Care Index closed was up 0.7 per cent at 3,710.57. Glenmark, Nicholas Pirama, Apollo Hospital, FDC, Lupin, Biocon closed higher.

The BSE Auto Index closed at 5,301.32 up 1.9 per cent. Amtek Auto, M&M, Tata Motors, Escorts moved higher.

The BSE Oil and Gas Index gained 0.4 per cent to close at 6,061.90. Reliance, Petronet LNG, Chennai Petro ended in green.

The BSE FMCG Index gained 0.4 per cent at 1,909.18. Nestle, Tata Tea, Shaw Wallace, HLL, Dabur India moved upwards.

The NSE cash turnover was at Rs 7925.71 crore and the NSE F&O turnover was at Rs 34624.23 crore. The BSE cash turnover was Rs 4397.06 crore. Total market wide turnover was at Rs 46947 crore.