The markets saw a big reversal and shot up on account of heavy buying in scrips across sectors. The Sensex closed with a gain of 616 points. The Nifty closed with hefty gains of 166 points. It was the biggest ever intra day gain for the Nifty and the Sensex.
Among the top gainers are BHEL, Bajaj Auto [ Get Quote ], Grasim [ Get Quote ], L&T and MTNL [ Get Quote ].
Capital goods stocks like Alfa Laval, Carborundum, BHEL, BEML, Larsen, Siemens and Alstom [ Get Quote ] Projects closed higher. The BSE Capital Goods Index ended up 10.3% at 6,365.554.
Technology stocks like Infosys [ Get Quote ], Wipro [ Get Quote ], I-Flex [ Get Quote ] Solution, Mphasis and Satyam [ Get Quote ] advanced.
The BSE IT Index gained 7.92% to end at 3,284.57.
Auto stocks like Bajaj Auto, TVS [ Get Quote ] Motor, Hind Motors, Bharat Forge [ Get Quote ], Hero Honda [ Images ] and Escorts closed higher. The BSE Auto Index closed at 4,311.68, up 7%.
Metal stocks like Sesa Goa [ Get Quote ], Sterlite Ind, JindalStainless, JSW Steel [ Get Quote ], Jindal Steel and Jindal Saw [ Get Quote ] also gained. The BSE Metal Index closed at 6,968.07, up 6.9%.
The BSE Consumer Durables Index rose 6.42% to close at 2,581.99 due to surge in Titan Industries [ Get Quote ], Su-Raj Diamonds [ Get Quote ], Whirlpool [ Get Quote ] and BPL.
FMCG stocks like Tata Tea [ Get Quote ], Shaw Wallace [ Get Quote ], Dabur India [ Get Quote ], HLL [ Get Quote ], P&G and Nestle [ Get Quote ] also ended in green. The BSE FMCG Index closed at 1,695.60, up 6.39%.
The BSE Bankex also finished rose 5.87% at 4,253.04 as buying was seen in Kotak Mahindra, HDFC Bank [ Get Quote ], IOB, ICICI Bank [ Get Quote ], Canara Bank [ Get Quote ] and Andhra Bank [ Get Quote ].
The BSE Healthcare Index rose 4.93% at 2,967.14 amid buying in pharma stocks like Matrix Lab, Orchid Chemical, GlaxoSmithKline [ Get Quote ], Pfizer [ Get Quote ], Divis Labs and Nicholas Piramal [ Get Quote ].
Oil stocks including IOC, Petronet LNG [ Get Quote ], MRPL, HPCL [ Get Quote ] and ONGC [ Get Quote ] moved up. The BSE Oil & Gas Index ended at 4,626.37, up 4.77%.
The NSE cash turnover was at Rs 6201.96 crore and the NSE F&O turnover was at Rs 22642.27 crore. The BSE cash turnover was Rs 3002.83 crore. Total market wide turnover was at Rs 31847 crore versus Rs 32776.67 crore yesterday.
Market summary:
Sensex Rise and Fall: Complete Coverage
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