Following UPA government's win in the Parliament yesterday, the Sensex opened with a huge positive gap of 482 points at 14,586. Unabated buying in financial and capital goods stocks saw the index rally to higher levels as the day progressed.The Sensex touched a high of 14,980, and finally settled with a gain of 838 points at 14,942. In the process the index has gained a whopping 18.8% (2,366 points) in the last five trading days.
The BSE Bankex soared 10% to 7,292.The market breadth was extremely positive - out of 2,758 stocks traded, 2,257 advanced and 442 declined today.The NSE Nifty gained 237 points at 4,477.
Reliance Communications zoomed over 12% to Rs 525. ICICI Bank soared 11.6% to Rs 738.BHEL and HDFC surged 11% each to Rs 1,772 and Rs 2,380, respectively.SBI ad Reliance Infrastructure rallied 10.5% each to Rs 1,544 and Rs 1,015, respectively. HDFC Bank gained 9.5% at Rs 1,206.DLF soared over 9% to Rs 496. Jaiprakash Associates moved up 8.4% to Rs 173.Larsen & Toubro advanced 7.5% to Rs 2,767, and Tata Steel added 6.8% to Rs 667.Tata Motors rallied over 6% to Rs 438. Reliance advanced over 5% to Rs 2,266.Bharti Airtel and ACC were up 4.7% each at Rs 816 and Rs 591, respectively
Cipla slipped 2.2% to Rs 233. Hindustan Unilever was the only other loser at Rs 231.
The BSE Bankex soared 10% to 7,292.The market breadth was extremely positive - out of 2,758 stocks traded, 2,257 advanced and 442 declined today.The NSE Nifty gained 237 points at 4,477.
Reliance Communications zoomed over 12% to Rs 525. ICICI Bank soared 11.6% to Rs 738.BHEL and HDFC surged 11% each to Rs 1,772 and Rs 2,380, respectively.SBI ad Reliance Infrastructure rallied 10.5% each to Rs 1,544 and Rs 1,015, respectively. HDFC Bank gained 9.5% at Rs 1,206.DLF soared over 9% to Rs 496. Jaiprakash Associates moved up 8.4% to Rs 173.Larsen & Toubro advanced 7.5% to Rs 2,767, and Tata Steel added 6.8% to Rs 667.Tata Motors rallied over 6% to Rs 438. Reliance advanced over 5% to Rs 2,266.Bharti Airtel and ACC were up 4.7% each at Rs 816 and Rs 591, respectively
Cipla slipped 2.2% to Rs 233. Hindustan Unilever was the only other loser at Rs 231.
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