Indian markets ended on a cheerful note on Friday after ECB
announced potentially unlimited bond buying plan to save the
region"s currency. Moreover, USjobs reports is awaited today
evening. Capital goods, realty and metal stocks gained ground.
At the close, the benchmark 30-share index, BSE Sensex added
337.46 points or 1.95% at 17,683.73 with 30 components registering
rise. Meanwhile, the broad based NSE Nifty climbed by 103.70
pointsor 1.98% at 5,342.10 with 49 components posting rise.
ICICI Bank contributed rise of 58.79 points in the Sensex. It
was followed by Reliance Industries (50.74 points), Infosys (34.8
points), Larsen & Toubro (34.17 points) and Tata Motors (23.33
However, Wipro contributed fall of 0.18 points in the Sensex. It
was followed by NTPC (0.87 points), Hero Motocorp (0.96 points),
ACC (1.24 points) and Tata Power Company (1.35 points).
All shares in the Sensex settled with gains. Biggest gainers
were Tata Steel (5.72%), ICICI Bank (4.68%), Tata Motors (4.40%),
Larsen & Toubro (3.86%), Hindalco Industries (3.39%), and
Reliance Industries (3.08%).
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts gaining 1.14% and 0.76% respectively.The major gainers
in the BSE Midcap were CORE Education and Technologies (2.48%),
Amara Raja Batteries (1.53%), Anant Raj Industries (1.15%), ABG
Shipyard (0.52%) and Alstom India (0.28%).The major gainers in the
BSE Smallcap were ABG Infralogistics (8.28%), Trident (2.92%),
Aanjaneya Lifecare (1.18%), A2Z Maintenance & Engineering
Services (1.11%) and Aarti Industries (0.74%).
Sectors in Limelight
The Capital Goods index was at 9,536.70, up by 281.70 points or
by 3.04%. The major gainers were Crompton Greaves (3.72%), Bharat
Heavy Electricals (1.74%), A B B (1.69%), BEML (0.79%) and Alstom
The Realty index was at 1,547.02, up by 40.63 points or by
2.70%. The major gainers were DLF (5.26%), Housing Development and
Infrastructure (3.92%), D B Realty (3.59%), Indiabulls Real Estate
(1.6%) and Anant Raj Industries (1.15%).
The Metal index was at 9,742.54, up by 252.32 points or by
2.66%. The major gainers were Hindalco Industries (3.39%),
Hindustan Zinc (2.35%), Jindal Steel & Power (1.42%), Coal
India (0.85%) and Bhushan Steel (0.05%).
The Bankex index was at 11,611.55, up by 259.67 points or by
2.29%. The major gainers were Canara Bank(3.32%), Bank Of Baroda
(2.87%), Bank Of India (1.5%), Federal Bank (0.75%) and HDFC Bank
Market breadth was positive with 1,812 advances against 1,119
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 1,147.52 million. It was followed by I C I C I Bank (Rs.
774.95 million), State Bank Of India (Rs. 684.38 million) and Tata
Steel (Rs. 544.17 million).
The volume chart was led by Cals Refineries with trades of over
11.29 million shares. It was followed by Transgene Biotek (7.11
million), Jain Irrigation Systems (3.12 million) and Kingfisher
Airlines (2.98 million).