Sensex Ends Strong; ICICI Bank Zooms 4.89%

Indian equities gained on a positive note on Monday (Sep 08) after shedding some of its Sensex Ends Strong; ICICI Bank Zooms 4.89%gains during the late trade.

The bulls were back in action and recovered 15,000 mark again. Heavy buying action was witnessed in midcap and smallcap stocks.

The BSE barometer, which lost 415.27 points during the previous trading session (Friday, Sep 05), opened with a gain of 494.41 points, at 14,978.24 on Monday getting Nuclear Suppliers’ Group (NSG) waiver on nuclear energy for civilian purpose from the US.

Encouraging worldwide signals also contributed to the upbeat reactions.  

Finally, the Sensex closed the day after gaining 461.14 points at 14,944.97. It also touched an intra-day high of 15,107.01 and an intra-low of 14,917.06.

In contrast, the broad-based NSE Nifty gained 130 points at 4,482.30 after touching an intra-day high of 4,558 and an intra-day low of 4,358.30.

The overall market breadth was sharply positive as it saw 1,666 progressions as against 1,033 declinations.

The major gainers in the 30-share index were Sterlite Industries (India), which gained 5.88%, ICICI Bank surged 4.89%, State Bank Of India climbed 4.81%, Larsen & Toubro zoomed 4.63%, NTPC gained 4.58%, and HDFC Bank zoomed 4.27%.