World Stock Market Round Up : By Nirmal Bang
Market Round Up- The Sensex gained 203 points and closed above the 15K mark. Positive global cues helped the markets to stay on the higher side throughout the day. The NSE Nifty went up 1.35% or 59 points to settle at 4453 after trading in the range of 4492-4394. Today's rally was led by gains in auto, banking, power and IT stocks. The market breadth was positive but the volumes were very lower.
Movers & Shakers
The BSE auto index surged 2.6 %. Maruti, M&M and Hero Honda Motors were the top gainers, up over 3.9 % each.
The BSE bankex rose 1.8 % and the BSE power index was up 1.6 %. Canara Bank, SBI and Kotak Mahindra Bank were the major gainers, up more than 3.4 % each.
The IT index on the BSE gained 1.5 %. Wipro and Infosys rose over 2 % each.
In the banking space, SBI surged 3.7%. Kotak Mahindra, Bank of Baroda, Axis Bank and HDFC Bank were up 2.3-3.5%
Adani Power did not see extraordinary listing today. It listed at Rs 105 on the BSE and closed just near to issue price at Rs 100.
In the Sensex pack Maruti was the top gainer. The stock advanced 4.9 % to Rs 1,364. M&M also rose up 4.5 % to Rs 774.
Hero Honda, SBI and Grasim Ind rose over 2-4 % each.