Indian shares continue their good days at the markets today

Indian shares ended higher for the fifth day, hitting their highest since August 24th, after investors remained buyers on select blue chips and traders cut short positions in the mid cap space. Realty, Fertiliser and FMCG stocks were in heavy demand.

The Nifty rose 34 points to end the day at 8,152 with Tata Motors, Cipla, ITC and Coal India surging more than 3 percent each. BHEL, Infosys, UltraTech, Maruti and Bank of Baroda dropped at least 1.4 percent each on the index. The Nifty's ADvance-Decline Ratio was 25/25 and Tata Motors, Maruti and TCS were the top traded stocks on the index.

Gains were muted in the wider market with the CNX 100, CNX 200 and the CNX 500 Indices rising 0.4 percent each. The trend in the sectoral space was mixed with banking benchmarks dipped in red while those representing the Pharma, Realty and FMCG sectors shining in trade.

The mood was equally buoyant on the Bombay Stock Exchange where the Sensex added 147 points, or 0.6 percent, to end the day at 26,932. GAIL, ONGC, Vedanta, Hindustan Unilever were among top gainers where as NTPC, Axis and HDFC Bank dropped in trade. The Sensex had an Advance-Decline Ratio of 19/11 and Tata Motors, Tata Steel and Larsen were the top traded stocks on the exchange.

Sentiment was robust in the derivatives space with 99 futures rising compared with 67 that fell. Futures of Amtek Auto, Kaveri Seed, IB Real Estate top the price gainers charts while TV 18 Broadcast, REC Ltd and BHEL futures slipped in trade.

Future Retail, Hindustan Copper and SKF India were among the top volume buzzers list on the NSE.

(Image credits: Indiatimes)