Market Round Up

The Sensex ended with stunning gains on positive global cues and huge short covering. The Sensex closed at 15,518 up 498 points and nifty closed above the 4600 mark up 147 points or 3.3%. In the broader markets, the BSE smallcap index rose 4.1 % and the BSE midcap index ended 3.6 % higher. Buying was seen across all the sectors; Realty, metals, auto and banking stocks led the gains on the bourses today. The market breadth was positive throughout the day and the total traded volumes were also encouraging. The Aug nifty future ended with 16 points premium at 4,621.

Movers & Shakers

The realty index on the BSE rose 6.8 %. In the real estate sector, Parsvnath Developers, HDIL and Ansal API zoomed over 9 % each. DLF up 7.2% and Unitech were up 7.4%.

The BSE metal index was up 5.5 %. In the metal space Jindal Saw, Ispat Ind and JSW Steel jumped more than 7 % each. TataSteel up 6%, JSPL up 6% and JindalSouthWest was up 20% at 969.

The auto index advanced 4.4 % led by gains in Maruti, Tata Motors and Ashok Leyland. The stocks were up over 5.5 %.

The BSE bankex rose 4.3 %. SBI up 6.1%, ICICI Bank up 6.7%, Bank of Raj up 14% and IDBI were up 5.7%.

Among the Capital Goods stocks like L&T, ABB, Punj Lloyd and BHEL went up 3-5%.

In the FMCG space, ITC jumped up over 5%. Godrej Consumer, Colgate and HUL were up 2.4-4.6%.

DLF was the top gainer. The stock surged 7.2 % to Rs 400. ICICI Bank, Maruti and Tata Steel were the other main gainers, up over 6 % each.