Market ends with hefty gains; Bankex up nearly 4%

Markets closed with hefty gains. It showed no signs of weakness during the day and also ignored the  higher inflation number. Inflation for  the  week-ended April 19 is at 7.57% versus 7.33%, at a 42-month high. On the sectoral front, the BSE bankex has outperformed the other sectoral indices; it was up nearly 4%.

The Sensex was up 312.81 points or 1.81% at 17600.12, and the Nifty up 62.30 points or 1.21% at 5228.20.

About 1480 shares have advanced, 1393 shares declined, and 209 shares are unchanged.

The BSE bankex was up 322.50 points or 3.66% at 9,142.18. Stocks like ICICI Bank, Federal Bank, Bank of India, Kotak Mahindra and Karnataka Bank surged.

The BSE auto index was up 135.15 points or 2.86% at 4,861.15. Stocks like Escorts, Maruti Suzuki, Punj Tractors, TVS Motor and Ashok Leyland flared up.

The BSE realty index was up 213.20 points or 2.51% at 8,718.69. Stocks like HDIL, Ansal Properties, Indiabulls Real, Unitech and DLF moved up.

The BSE IT index was up 96.65 points or 2.27% at 4,358.58. Stocks like Financial Tech,Tech Mahindra,HCL Tech, Wipro and Satyam spurted up.

The BSE capital good index was up 313.62 points or 2.25% at 14,244.87. Stocks like L&T, Rel Ind Infra, Greaves Cotton, Praj Industries and Carborundum closed in green.

The BSE oil & gas index was up 209.58 points or 1.82% at 11,715.37. Stocks like IOC, Petronet LNG, HPCL, Reliance, and Essar Oil ended positive.

The BSE FMCG index was up 13.07 points or 0.53% at 2,474.45. Stocks like Colgate, Godrej Consumer,Marico,Tata Tea, and United Spirits advanced.

The NSE cash turnover was at Rs 15284.57 crore and the NSE F&O turnover was at Rs 36304.41crore. The BSE cash turnover was Rs 6582.12 crore. Total market wide turnover was at Rs 58171.1 crore.

Markets This Week

Sensex Up 2.8%, Nifty Up 2.2%

CNX Midcap Index Up 3.5%; BSE Small CAp Index Up 1.5%

Nifty Gainers 

HCL Tech Up 14%, REL Up 12%, Satyam Up 11%, M&M Up 9%

Nifty Losers

Grasim, Siemens Down Over 10% Each,~Cipla Down 5%, ACC Down 4%

BSe IT Index Up 7%; Satyam Up 11%,~Wipro Up 8%, Infy, TCS Up 6% Each

BSE Realty Index Up 7%; Unitech Up~10%, DLF Up 8%, HDIL Up 17%

BSE Auto Index Up 5.6%; Tata Mot Up~8%, Maruti Up 7%, Hero Honda Up 5%

BSE Bank Index Up 3.3.%; SBI Up~4%, OBC Up 6%, HDFC Bank Up 2.5%

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