Markets end with healthy gains
The markets opened on a strong note but witnessed some selling pressure during the day. However, they soon recovered to close on a healthy note. While the Sensex was up 294.57 points or 1.96% at 15,289.40, the Nifty was up 35.90 points or 0.78% to close at 4609.85. The broadmarket indices underperformed the benchmark indices. The BSE Midcap and Smallcap index closed down 2.66% and 3.77% respectively. The market breadth was negative, as A/D ratio was 1:4 on the BSE. NSE cash turnover was Rs. 10804.74cr vs Rs.13948.35cr on Wednesday.
Sectorally, it was a mixed bag. The BSE Power, Consumer Durables, Realty and Metal indices ended in the red. The worst hit was the BSE Metal that lost in excess of 5%. The BSE Bankex surged 3.32%. Gainers from the BSE-30 include HDFC, Wipro, HDFC Bank and ICICI Bank. The top losers include Tata Steel, Rel Energy, DLF and Jaiprakash Associates.
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