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Market did not stop merry making even after Christmas

Market continued its upward movement today and closed over 20100 mark. Sensex closed at 20199.52 up 345.40 points and Nifty closed at 6070.50 up by 85.40 point. Buying was seen in auto, capital goods, metal, power, oil and banking stocks. However, it was not a very good day for IT stocks, select IT stocks closed in red. Todays top gainers are Hindalco(209.40, ++ 4.18%), DLF (1,013.95, ++ 4.35%), SBI (2,399.35, + 2.97%) , Reliance(2,896.70, 3.90%), Zee Entertainment(321.60,+5.43%), Tata Steel (892.75 , +3.51%), Reliance Petroleum (223.85, +3.39%) and BPCL (475.45, +5.46%) while losers - Sun Pharma ( 1,207.15, -2.28% ), TCS ( 1,097.75, -.99% ), ONGC ( 1,236.20, -.90% ) . Sectoral Indexes BSE IT 4591.87 10.26 BSE Healthcare 4315.91 21.08 BSE FMCG 2232.84 14.10 BANKEX 11290.08 188.34 BSE Auto 5642.90 56.07 BSE TECK 4005.05 43.09 BSE PSU 10026.23 196.22 BSE BSE Midcap closed at 9400.86 up by 189.15 points and BSE Smallcap index closed at 12342.49 up by 361.92 points.

Stock Market says Merry Christmas to Investors

Sensex today closed 691.55 point up at 19854.12 , Nifty was up 218 points at 5985.10. It is the 6th bigeest gain in oneday. Today's main contributors are IT stocks. Wipro was up at 535.30 (+8.86%), Infosys up at 1810.90(+6.63%) and Satyam closed at 454.55 up by 6.28%. The buying activity was wide-base and lifted almost all the sectoral indices. Sector wise performance was as follows - BSE IT 4581.61 (+260.98) BSE Healthcare 4294.83(+52.30) BSE FMCG2218.74(+20.29) BANKEX 11101.74 (+363.15) BSE Auto5586.83(+45.57) BSE TECk3961.96 (+185.00) BSE PSU 9830.01 (+317.11) Today BSE Midcap closed at 9211.71 up by 186.17 and BSE Smallcap index closed at 11980.57 up by 167.25 points.