The benchmark indices ended on a very strong note for the second consecutive day on the back of positive Asian and European cues. The BSE Sensex closed 340 points or 2.25% higher at 15,467, after touching an intraday high of 15,580. The NSE Nifty went up 2.25% or 104 points to settle at 4,655, after hitting a high of 4,688. The CNX midcap ended 1.85 % higher while BSE smallcap index rose 0.3 %. Buying was witnessed in capital goods, metals, banking and power, while reality stocks were under selling pressure. The June nifty future ended with a 7 point premium.

Movers & Shakers

Among the sectoral indices, Power and Capital Goods outperformed other indices, rose 3.46% and 3.62%, respectively.

Among capital goods stocks, Usha Martin, Siemens India and Punj Lloyd advanced 5-9 %. L&T finished 3.8 % higher.

In the metal space, JSPL, JSW Steel, SAIL and Hindalco saw 3-6 % gains.

Among the power companies, Tata Power advanced 14 % while Lanco Infratech added 6.4 %. Reliance Infrastructure, Torrent Power and NTPC gained 3-6%. In the telecom sector, RCOM was up 5 % and BhartiArtel rose 2.7%. Tata Comm gained 1%.

Cement stocks witnessed fresh buying. India Cements was up 10.76% and Prism Cement shot up 16 %. Acc, Ambuja Cem and UltraTech Cement were up 4-6%.

However, realty stocks witnessed selling pressure. HDIL, Sobha Developers, Orbit Corporation, Parsvnath, Omaxe, Puravankara Projects and DLF fell 2-6%.

In largecaps, HDFC Bank, Ranbaxy, ACC, RCom and Rel Infra advanced over 5 % each.