Mumbai: The market witnessed smart rally on Friday. The Sensex closed at all-time high amid fund buying.
Technology, capital goods, FMCG, auto, banking, pharma, metal and oil stocks gained.
The Sensex closed at new all-time high of 10,765.16, up 191.62 points or 1.81%, amid fund buying. It touched an all-time high of 10,782.34.
The Nifty closed up 54.80 points or 1.75% at 3183.90. It touched an intraday high of 3189.35 and an intra day low of 3128.60.
The CNX Midcap Index closed up 39.40 points or 0.86% at 4623.50. It touched an intraday high of 4650.30 and an intraday low of 4602.90.
The BSE Small Cap Index ended up 65.45 points at 6,371.80. The BSE Midcap Index closed up 60.88 points at 5,047.95.
The market breadth was positive, about 1407 shares advanced, 1078 shares declined, and 74 shares remained unchanged. The total market turnover was at Rs 47,476 crore (Rs 474.76 billion).
Satyam, HDFC, Bajaj Auto, HLL, MTNL, VSNL and SAIL were the biggest gainers on the indices.
Markets today:
> Sensex closes at all time high amid fund buying
> Satyam up 3.75%, L&T up 3%
> Telecom stocks hog the limelight;
> MTNL up 8.13%, VSNL up 5%
> Telekom Malaysia acquires 49% in Spice for USD 179mn
> Zee up 3.7%, TV18 up 6.29%; on order of CAS implementation
> Gitanjali Gems lists at Rs 217, but slips below issue price to close at Rs 167.15
> KEC International lists at Rs 425 on BSE; closes at Rs 422.40
The BSE IT Index outperformed the other indices. It closed up 2.48% at 3,827.98 due to gains in Satyam, HCL Info, Infosys, I-Flex Solution, TCS, HCL Tech, Wipro and Hexaware Tech.
Capital goods stocks like Crompton Greaves, Thermax, SKF India, BEML, Bharat Electronics, L&T and ABB continued the yesterday's rally. The BSE Capital Goods Index closed up 2.44% or 193.29 points at 8,126.18.
FMCG stocks including HLL, P&G, ITC, McDowell, Colgate, Tata Tea, Shaw Wallace, Nestle and Dabur India also moved up. The BSE FMCG Index closed up 2.26% at 2,036.91.
The BSE Auto Index closed up 2.13% at 5,309.49 amid buying in Punjab Tractors, Sundram, Bajaj Auto, Ashok Leyland, Hero Honda, Amtek Auto, Tata Motors, Bharat Forge and M&M.
Consumer durables stocks like Blue Star, Samtel Color and Titan Industries also surged on buying interest. The BSE Consumer Durables Index closed up 1.29% at 3,209.56.
Banking stocks including PNB, UTI Bank, Oriental Bank, Bank of India, ICICI Bank, Bank of Baroda and SBI also gained. The BSE Bankex closed up 1.28% at 5,271.83.
The BSE Healthcare Index closed up 0.97% at 3,631.15 as gains were seen in pharma stocks like Orchid Chemical, Sun Pharma, Divis Labs, Aurobindo Pharma, GSK Pharma, Wockhardt, Nicholas Piramal, Cipla and Dr Reddy's Labs.
Metal stocks like SAIL, Jindal Saw, Hindalco, Guj NRE Coke and Hind Zinc also ended in green. The BSE Metal Index closed up 0.79% at 7,660.97.
Oil stocks including ONGC, Reliance, Chennai Petro, Kochi Refineries and IOC also spurted up. The BSE Oil & Gas Index ended up 0.53% at 4,509.03.
Markets this week:
> Sensex closes at all-time high amid volatile trade and fund buying
> Sensex up 1.5% at 10759; Nifty up 1.1% at 3183
> BSE Capital Goods up 5.3%; ABB biggest gainer at 13%
> Frontline cement stocks gain on price hike rumours; ACC up 12%, Guj Amb Cements up 9%
> Losers: Maruti down 5.5%, Bharti down 5.5%
> CNX Midcap Index up 1.6% at 4621.85; > > Bombay Dyeing up 30%, CESC up 22%
> BSE Small Cap Index up 2.12%
> Highest turnover noticed in Cash & F&O markets
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