The Sensex ended the day positively led by continued buying witnessed in real estate stocks followed by banking, oil & gas and auto stocks.

After snapping four-day losing streak, the 30-share index Sensex closed the weak on a positive note. The Sensex recorded gains on the back of buying action witnessed across auto, metal, capital goods and oil & gas stocks. Broader markets also performed well.

The stock index gained momentum on continued buying activity seen in front line stocks as it was approaching 16,000 mark.

BSE Midcap and Smallcap index gained 1.08% and 1.07% respectively.

Among the sectoral indices, BSE Realty surged 3.79%, Bankex, Oil & gas, Capital goods and Auto increased over 1% each, whereas Consumer durables dropped 1.04%, FMCG fell 42%.

Finally, the Sensex closed the day after gaining 290.79 points at 15,689.12. It also hit an intraday high of 15,957.67 and an intraday low of 15,663.35.

The broad-based NSE Nifty surged 86.85 points at 4,680.40 after touching an intraday high of 4,697.20 and an intraday low of 4,580.35.

The top gainers in the Sensex pack were Mah & Mah (6.21%), Hero Honda Motors (4.20%), Sterlite Ind (3.86%), L&T (3.47%), HDFC (3.26%), and ONGC (3.09%).

The major losers in the Sensex included Tata Motors (0.31%), and TCS (0.23%).

While commenting on the stock market outlook for the coming week, stock market analyst Abhishek Jain of Stocksidea. com said that the support for the Sensex is at
15532/15313 and the resistance to the up move is at 15854/16147.

The Sensex is looking sideways for the coming days, Mr. Jain added.

For Nifty, the support is at 4647/4584 and the resistance to the resistance to the up move is at 4735/4812.