Sensex Surges 93.13 Pts; Realty, Consumer Durables Up

Sensex Surges 93.13 Pts; Realty, Consumer Durables UpThe 30-share index Sensex, on Friday, surged 93.13 points to mark its closure at 18,167.03 on the back of buying activity witnessed in consumer durables and banking scrips amid a mixed movement in worldwide market.

In contrast, the broad-based Nifty recorded a gain of 35.65 points to close the week positively at 5,452.10.

During morning, the shares of financials, oil & gas, metals (barring Sterlite), FMCG and real estate firms drove the Sensex up.

Friday's top gainer was Realty, which gained 2.31% accompanied by CD that rose 1.86%, Bankex gained 1.40%, FMCG increased 1.10%, Oil & Gas grew by 0.78%, PSU zoomed 0.63% and Auto climbed 0.40%.

Metal remained slightly down by 0.15% to 15,338.02.

SBI remained positive for the second successive session after announcing positive quarterly results on Friday.

Even the Asian bourses backed up the domestic market.

The Sensex hit an intraday peak of 18,260.39 and Nifty touched an intraday high of 5476.50.

During the last one hour trading session, the Sensex lost about 100 points from day's peak because of profit booking seen at upper levels and sell-off in private power firms' scrips together with Sterlite Ind, RCom, Rel Infra, Tata Motors, M&M, Hindalco among others.

Asian scrips also closed the day on a higher note.

The key benchmark indices in China, Singapore, Indonesia, Taiwan, Japan and South Korea registered gain between 0.44% to 1.42%. But, Hong Kong's Hang Seng dropped 0.16%.

The BSE Mid-Cap index was gained 1%, whereas the Small-Cap index gained 0.63%.

The major gainers of the day comprised DLF, ITC, Maruti Suzuki, JPAsso, Tata Steel, ICICI Bank and Jindal Steel.

The top losers included Sterlite Ind, RCom, Rel Infra, M&M and Tata Motors.