Sensex above the 15,000 mark: Nirmal Bang Securities
The markets staged a spectacular performance and maintained their uptrend on the back of institutional buying. Steep rise in technology stocks, buying in rate sensitives and oil & gas exploration companies' shares pushed the Nifty above the 4500 mark and the Sensex above the 15,000 mark. Nearly 1.5% rally in Asian markets and over 1.5% gains in European markets were also supportive to our indices in today's trade.
Movers & Shakers
All sectoral indices ended in the green barring FMCG. The BSE Realty Index shot up 5%, as Unitech surged 8% and DLF gained 5%. HDIL was up 3%.
Among other technology stocks, Wipro surged 11%, HCL Tech up 10%, Tech Mahindra up 8%, Satyam up 5% and Infosys rose 6%, TCS shot up over 17%.
In the banking space, ICICI Bank was up 6%. Kotak Mahindra, PNB, Bank of Baroda, Axis Bank, SBI and HDFC Bank were up 3%.
In the metal space, Sesa Goa and Hindustan Zinc surged 8% each. Hindalco and Sterlite Industries went up 5% and 4%, respectively. Jindal Steel and Jindal Saw went up over 1.5%. SAIL.
Auto stocks also witnessed buying interest. Tata Motors, Bajaj Auto, M&M, Maruti Suzuki and Bharat Forge were up 2%. Hero Honda was up 1%.
In the pharma space, Glenmark, Piramal Health, Dr Reddys Labs, Ranbaxy Labs, Dishman Pharma, Wockhardt, Apollo Hospital, Sun Pharma Advanced and Cipla went up 2%.