The Indian market closed on an upbeat note backed by heavy buying across the sectoral indices scrips. The market opened with a bang taking the favoring cues from the global markets. The market pared some of its early gains towards the mid session but again gained the momentum towards the final trading hours of the session. The Small Caps remained out of favor as they reported most selling across the counters. The large Caps breached the five-day losing trend to close with hand some gains. From te sectoral front, Metal, Realty, Oil & Gas and Bankex remained the centre of attraction as most buying was seen from these baskets. The BSE Sensex closed higher by 341.13 points at 16,949.14 and NSE Nifty grew by 91.2 points to close at 4,929.45. The BSE Mid Cap closed up by 17.15 points at 7,075.53 while BSE Small Cap indices closed lower by 123.98 points at 9,049.70.
BSE Metal index surged 501.26 points to close at 14,774.31 as Tata Steel 6.72%, SAIL 5.95%, Jindal Steel 5.28%, Gujarat NRE 4.49%, Sterlite Inds 4.46% and Bhushan Steel 4.35% closed higher.
BSE Realty index grew by 386.05 points to close at 9,428.89 as Unitech (14.52%), HDIL (5.57%), Ansal Infra (4.45%), Purvankara (3.14%), Anant Raj (3.01%), Penland (2.02%) closed in green.
BSE Bankex index closed higher by 275.71 points at 10,143.07. Gainers are BOB 6.59%, BOI 5.70%, HDFC bank 4.87%, Cent BOP 3.99%, ICICI bank 3.34%, Kotak bank 3.03%, SBI 2.89%.
BSE CG grew by 268.60 points to close at 15,141.81. Gainers are Thermax Ltd (10.17%), Kirloskar BR (8.30%), BHEL (5.52%), Suzlon Energy (4.62%0, Alstom Projects (3.63%), AIA Engineering (3.44%).
BSE Oil & Gas index advanced by 250.66 points to close at 10,176.98. Scrips that gained are Essar Oil (12.63%), Aban Offshore (3.18%), Cairn India (2.73%), Reliance Inds (2.70%) and Gail India (2.02%).
BSE IT index closed up by 17.91 points at 3,807.89 as Rolta India (5.93%), Satyam Comp (2.82%), HCL Tech (0.88%), TCS (0.48%), Infosys (0.24%), Tech Mahindra (0.24%).
BSE Metal index surged 501.26 points to close at 14,774.31 as Tata Steel 6.72%, SAIL 5.95%, Jindal Steel 5.28%, Gujarat NRE 4.49%, Sterlite Inds 4.46% and Bhushan Steel 4.35% closed higher.
BSE Realty index grew by 386.05 points to close at 9,428.89 as Unitech (14.52%), HDIL (5.57%), Ansal Infra (4.45%), Purvankara (3.14%), Anant Raj (3.01%), Penland (2.02%) closed in green.
BSE Bankex index closed higher by 275.71 points at 10,143.07. Gainers are BOB 6.59%, BOI 5.70%, HDFC bank 4.87%, Cent BOP 3.99%, ICICI bank 3.34%, Kotak bank 3.03%, SBI 2.89%.
BSE CG grew by 268.60 points to close at 15,141.81. Gainers are Thermax Ltd (10.17%), Kirloskar BR (8.30%), BHEL (5.52%), Suzlon Energy (4.62%0, Alstom Projects (3.63%), AIA Engineering (3.44%).
BSE Oil & Gas index advanced by 250.66 points to close at 10,176.98. Scrips that gained are Essar Oil (12.63%), Aban Offshore (3.18%), Cairn India (2.73%), Reliance Inds (2.70%) and Gail India (2.02%).
BSE IT index closed up by 17.91 points at 3,807.89 as Rolta India (5.93%), Satyam Comp (2.82%), HCL Tech (0.88%), TCS (0.48%), Infosys (0.24%), Tech Mahindra (0.24%).
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