The Nifty maintained its uptrend for the fifth consecutive session and closed above the 5,000 mark for the first time since May 22, 2008 i. e. at 16-month high. Buying in financial, technology, power, pharma, auto and oil marketing companies' shares helped the markets to stay on the higher side throughout the session. However, selling in oil & gas exploration and select metal stocks limited the gains. Bharti Airtel was down 3%.

In the banking and financial space, HDFC Bank, SBI, PNB and ICICI Bank were up 1-1.5%. HDFC touched a new 52-week high of Rs 2,680 and surged 5.3%. Technology stocks like TCS rose 2.92% and Infosys was up 1.77%. Wipro, HCL Tech and Tech Mahindra gained 0.8-1.3%.

Auto stocks witnessed buying interest. Tata Motors, Ashok Leyland, Bajaj Auto, Escorts and Maruti Suzuki went up 1-2.6%. Hero Honda was up 0.86% and M&M was up 0.37%.

In the power pack, Lanco Infratech, Torrent Power, GMR Infra, Suzlon Energy and Neyveli Lignite were up 1-4%. GVK Power and NTPC moved up over 0.8%. Power Grid Corp, Reliance Infrastructure and Tata Power were up marginally.

In the realty space, Orbit Corporation surged 7.20%. HDIL, Indiabulls Real and Parsvnath went up nearly 3% each. DLF and Unitech were up 0.3% each.

The metal pack, NALCO, JSW Steel, Tata Steel, Sesa Goa and SAIL were up 0.5-1.4% while Jindal Steel, Hindalco and Sterlite Industries slipped 0.3-0.9%.

In the midcap space, 3M India, P&G, Engineers India, Moser Baer and Bajaj Finserv were up 8-13% while Bharat Forge, Gujarat NRE Coke, Jubilant, Shree Cements and BF Utilities fell 3-5%.