Sensex Crosses 15K Mark, Zooms 565 Pts

The 30-share index, BSE Sensex, which continued to trade strong since morning, has Sensex Crosses 15K Mark; Zooms 565 Ptscrossed 15k mark on the back of strong buying action witnessed across key stocks, 

At present (14:04 hrs), Sensex stood at 15,063.05, up 564.54 points, while the broad based Nifty gained 170.35 points at 4518.80.

Crude oil prices declined to around $106 per barrel and actuated some massive buying across the board on the major Indian stock exchanges this afternoon.

Bank, real estate, PSU and capital goods stocks went up. The Bankex and Realty barometers surged 5.86% and 5.76%, while PSU and Capital Goods indices climbed 4.16% and 4.07% respectively.

BSE Power surged 3.81% while the Oil & Gas index profited around 3.5%. BSE IT and Tech zoomed 2.75% and 2.6% respectively.

Moreover, the Metal, FMCG and Auto indices also posted impressive gains.

The overall market breadth was positive and the major gainers in the 30-share index included Oil & Natural Gas Corporation, which gained 7.25%, ICICI Bank zoomed 8.85% and Jaiprakash Associates profited 6.8%.

Reliance Infrastructure, Reliance Industries, Infosys Technologies, BHEL, Grasim Industries, ACC, HDFC Bank, Larsen & Toubro, HDFC, Maruti Suzuki, NTPC, Mahindra & Mahindra, Reliance Communications, Tata Power, TCS and Wipro surged 3% to 5.5%.

Bharti Airtel, Hindalco, Hindustan Unilever, Tata Steel and Satyam Computer Services also registered sharp gains.