The Sensex ended on a buoyant note following a surge in global markets. Realty, banking, metal and IT stocks led the rally.
Indian stock market started the day on a positive note. The 30-share index, BSE Sensex opened with a gain of 136.99 points, at 8,480.74 on Friday tracking firm global cues. It continued to march further on sustained buying in index pivotals as the day progressed. Finally it touched a high of 8,793.21 to close on a strong note.
Second line stocks also performed well. BSE Midcap and Smallcap index rose 2.96% and 1.97% respectively.
Amongst the sectors, BSE Realty soared 7.57%, Metal surged 6.26%, Bankex gained 5.85% and IT moved up 5.63%.
On global front, Asian stocks ended higher. Nikkei advanced 371.03 points, or 5.15%, to close at 7,569.28 and Hang Seng index surged 524.27 points, or 4.37%, to settle at 12,525.80.
European stocks climbed. Barclays and Deutsche Bank gained more than 4% as Bank of America`s chief executive officer Kenneth Lewis said he expects the biggest US bank to make money this year. FTSE 100 gained 62.21 points, or 1.68%, to trade at 3,774.27, CAC 40 rose 52.46 points, or 1.95%, to trade at 2,746.71 and DAX climbed 39.66 points, or 1%, to trade at 3,995.88. (4.05 p.m., IST).
The Sensex ended the day with a gain of 412.86 points, or 4.95% at 8,756.61 after touching a high of 8,793.21 and a low of 8,480.74. The broad-based NSE Nifty gained 101.80 points, or 3.89% at 2,719.25 after hitting a high of 2,726.15 and a low of 2,616.60.
Biggest gainers in the 30-share index were DLF (11.47%), Tata Motors (10.72%), Reliance Capital (9.31%), Tata Power Company (9.18%), ICICI Bank (8.60%), and Hindalco Industries (7.99%).
On the other hand, NTPC (2.04%), and Sun Pharmaceutical Industries (0.36%) were the biggest losers in the Sensex.
Overall market breadth was sharply positive. Out of the total 2,551 stocks traded at BSE, 1,583 advanced, 855 declined while 113 remained unchanged.
Indian stock market started the day on a positive note. The 30-share index, BSE Sensex opened with a gain of 136.99 points, at 8,480.74 on Friday tracking firm global cues. It continued to march further on sustained buying in index pivotals as the day progressed. Finally it touched a high of 8,793.21 to close on a strong note.
Second line stocks also performed well. BSE Midcap and Smallcap index rose 2.96% and 1.97% respectively.
Amongst the sectors, BSE Realty soared 7.57%, Metal surged 6.26%, Bankex gained 5.85% and IT moved up 5.63%.
On global front, Asian stocks ended higher. Nikkei advanced 371.03 points, or 5.15%, to close at 7,569.28 and Hang Seng index surged 524.27 points, or 4.37%, to settle at 12,525.80.
European stocks climbed. Barclays and Deutsche Bank gained more than 4% as Bank of America`s chief executive officer Kenneth Lewis said he expects the biggest US bank to make money this year. FTSE 100 gained 62.21 points, or 1.68%, to trade at 3,774.27, CAC 40 rose 52.46 points, or 1.95%, to trade at 2,746.71 and DAX climbed 39.66 points, or 1%, to trade at 3,995.88. (4.05 p.m., IST).
The Sensex ended the day with a gain of 412.86 points, or 4.95% at 8,756.61 after touching a high of 8,793.21 and a low of 8,480.74. The broad-based NSE Nifty gained 101.80 points, or 3.89% at 2,719.25 after hitting a high of 2,726.15 and a low of 2,616.60.
Biggest gainers in the 30-share index were DLF (11.47%), Tata Motors (10.72%), Reliance Capital (9.31%), Tata Power Company (9.18%), ICICI Bank (8.60%), and Hindalco Industries (7.99%).
On the other hand, NTPC (2.04%), and Sun Pharmaceutical Industries (0.36%) were the biggest losers in the Sensex.
Overall market breadth was sharply positive. Out of the total 2,551 stocks traded at BSE, 1,583 advanced, 855 declined while 113 remained unchanged.
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