Packing batteries with more punch
Indian researchers are working on cells that can store more energy, last longer
All BSE sectoral indices ended in the green. FMCG, Capital Goods, Banking and Auto sector stocks witnessed heavy buying with each up by over 1.5 per cent. - PTI
Indian markets on Tuesday closed in the green, up about one per cent, following the extension offered to distressed Spanish banks on reaching deficit reduction targets.
The NSE Nifty ended the day at 5,345, up 1.3 per cent or 70 points. The BSE Sensex closed at 17,618, up 1.3 per cent or 226 points.
“The euro zone ministers agreed to grant Spain an extra year until 2014 to reach its deficit reduction targets and set the parameters of an aid package for Madrid's ailing banks,” said Mr Milan Bavishi, Head Research, Inventure Growth and Securities.
The rally in the Sensex was led by the Capital Goods, FMCG, auto and the banking sector stocks. On the BSE, the CG, FMCG, Auto and Bankex index were each up more than 1.5 per cent.
“Banks clearly led the rise. And that is generally the case when the markets show first signs of short to medium term bullishness. Rate sensitive auto stocks also showed buying interest. Globally, equity and commodities investors and traders are increasing watching out for any expectation of stimulus from US and monetary easing from China,” added Mr Bavishi.
Among the Sensex stocks, the top five gainers were Hindalco (up 2.7 per cent), Maruti (2.7 per cent), ITC (2.7 per cent), Tata Motors (2.6 per cent) and Sterlite Industries (2.5 per cent).
The top five laggards were Wipro (-0.4 per cent), NTPC (-0.03 per cent), Sun Pharma (0.1 per cent), Tata Power (0.2 per cent) and TCS (0.3 per cent).
Indian researchers are working on cells that can store more energy, last longer
To fix a broken bone, doctors often harvest another bone from the patient’s body or from someone else. It ...
Superconductors from IIScScientists at IISc Bangalore have invented a device with a nanocrystal structure ...
Engineering and construction giant L&T has won a licence from the Council of Scientific & Industrial ...
Will a stock continue its current trend or will it reverse? We tell you how you can read chart patterns to ...
Sensex and Nifty 50 saw selling interest on Friday and slumped; selling pressure could continue
Investors with a long-term horizon can consider this offer
Most AMCs have been sending out cryptic e-mails. We tell you how to read between the lines
In these isolated times when people yearn for a slice of the familiar, amateur and professional chefs are ...
Forget the tuna. The island nation will keep you full and happy with coconut, koftas and jasmine
This year, on Facebook, I saw that someone had posted a list of EASY RESOLUTIONS. I didn’t copy them down but ...
With strokes of quirky humour, Partha Pratim Deb uses pulp, terracotta, glass and discarded cloth to create ...
Digital is becoming dominant media, but are companies and their ad agencies transforming fast enough to make a ...
Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences
How marketers can use the traditional exchange of festive wishes meaningfully
For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor