Mumbai: It was a standout performance by market on the back of some strong global cues. There was no volatility and Sensex closed above 15,300 and Nifty above 4450 levels. Breadth was healthy on strong turnover.
Technology stocks are sparkling on expectation of weakening rupee on the new ECB norm. Asia ended firm as Fed kept its rates unchanged serving as positive cues for the markets.
All the BSE sector indices was in green. Followed by the technology banking, realty and oil and gas stocks surged on the bourses.
Infosys, TCS, Wipro, HCL Tech, Polaris, Mphasis, Patni, Foursoft, Aptech were technology standout performers.
Export oriented sectors will be positively impacted on account of new ECB norm which is expected to arrest rupee appreciation. Apart from IT even phama stocks are expected to be positively impacted.
Sensex was up 375.21 points or 2.51 per cent at 15307.98, and the Nifty up 105.75 points or 2.43 per cent at 4462.10.
About 2108 shares have advanced, 825 shares declined, and 58 shares are unchanged.
The BSE Midcap Index ended at 6,665.67 up 91 points or 1.4 per cent. The BSE Smallcap Index ended at 8,051.22 up 136 points or 1.7 per cent.
The BSE Bankex closed at 8,076.32 up 2 per cent. Union Bank, Canara Bank, Centurion Bank, Bank of Baroda, PNB, Allahabad Bank moved upwards.
The BSE Capital Goods Index was up 1.8 per cent at 13,032.66. Reliance Infra, Crompton Greave, Praj Industries, Gammon India, AIA Engineering, BHEL closed higher.
The BSE Health Care Index was up 1.2 per cent at 3,671.59. Matrix Lab, Orchid Chemical, Ranbaxy Labs, Sun Pharma, Lupin closed higher.
The BSE Auto Index closed at 4,810.74 up 1.4 per cent. Hero Honda, Cummins, Amtek Auto, TVS Motor, Exide Industrie, Escorts, Mah and Mah advanced.
The BSE Metal Index closed at 11,222.02 up 1.5 per cent. Hindalco, SAIL, NALCO, Sesa Goa, Sterlite Ind advanced higher.
The BSE FMCG Index gained 1 per cent at 1,953.80. Marico, Godrej Consumer, Nestle, GlaxoSmith Con, Dabur India closed higher.
BSE Oil and Gas Index closed at 8,048.75 up 3 per cent. Essar Oil, Reliance, Petronet LNG, ONGC ended in green.
The BSE IT Index closed at 4,808.43 up 4 per cent. HCL Tech, Mphasis, Infosys, TCS closed higher.
The NSE cash turnover was at Rs 10130.55 crore and the NSE F&O turnover was at Rs 42084.83 crore. The BSE cash turnover was Rs 4711.34 crore. Total market wide turnover was at Rs 56926.72 crore.
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