Mkt ends with hefty gains; metal, realty stocks surge

Mumbai: Markets closed the day with handsome gains on heavy buying seen in scrips across sectors. It was a good of trade for most of the equity markets across globe. Asia had a strong session today, barring Shanghai Comp most of the Asia closed in green. Europe was also trading in positive terrain.

Sensex closes above 19,000 and Nifty was holding 5700 mark. Broader markets were trading strong inline with the frontline indices giving markets an excellent breadth.

Sensex was up 394.67 points or 2.09 per cent at 19247.54, and the Nifty up 123.10 points or 2.19 per cent at 5731.70.

About 1932 shares have advanced, 1073 shares declined, and 72 shares are unchanged.

Metals were shining throughout the day and were the star performers. Host of steel stocks were attracting good buying. Followed by realty, cap goods and power stocks.

HDFC Bank, Tata Steel, SAIL, Bharti Airtel, Unitech, HDFC, TCS, ONGC, Rel Energy are among the top gainers. Deccan Aviation, Voltas IndusInd Bank were among the strong midcap stocks.

Technolgy stocks have bounced back today and were among the top gainers.

The BSE Midcap Index ended at 8,384.25 up 2 per cent. The BSE Smallcap Index ended at 10,343.25 up 1.7 per cent.

The BSE Bankex was up 1.7 per cent. HDFC Bank, IOB, Union Bank, Canara Bank, PNB moved upwards.

The BSE Capital Goods Index was up 2 per cent at 19,751.65. Kirloskar Bros, Crompton Greave, BEML, Praj Industries, Reliance Infra closed higher.

The BSE Auto Index closed at 5,295.63 up 0.7 per cent. Hind Motors, MICO, TVS Motor, Maruti Suzuki, Cummins closed higher.

The BSE Metal Index closed was up 5.6 per cent. Jindal Steel, NALCO, Jindal Saw, SAIL, JSW Steel, Tata Steel closed higher.

The BSE FMCG Index closed at 2,145.84 up 1.6 per cent. United Spirits, GlaxoSmith Con, HUL, Nestle, Colgate closed higher.

BSE Oil and Gas Index closed up 2 per cent. Petronet LNG, ONGC, HPCL, Reliance, IOC ended higher. The BSE IT Index was at 4,098.23 up 2%. I-Flex Solutio, Financial Tech, Mphasis, Patni Computer, TCS closed higher.

BSE Realty Index up 3%; Ansal Propertie, Sobha Developer, Unitech, Anant Raj Ind, DLF ended higher.

The NSE cash turnover was at Rs 14521.79 crore and the NSE F&O turnover was at Rs 75903.04 crore. The BSE cash turnover was Rs 6008.12 crore. Total market wide turnover was at Rs 96432.95 crore.