Sensex gains 237 points at close

The markets ended higher on the first day on broad based buying. IT stocks were the ones leading the uptrend followed by banking, FMCG and auto.

The Sensex closed up 236.60 points or 1.76% at 13708.34, and the Nifty up 69.35 points or 1.79% at 3940.5.

About 1607 shares have advanced, 949 shares declined, and 68 shares are unchanged.

The BSE Small Cap Index closed at 6,805.56 up 84 points or 1.3%.

The BSE Midcap Index ended at 5,697.69 up 48.92 points or 0.9%.

The BSE Bankex was up 1.8% at 6,951.15. Oriental Bank, SBI, HDFC Bank, Canara Bank, PNB, Centurion BoP moved upwards.

The BSE Capital Goods Index was up 1.3% at 9,034.06. KEC Infrastruct, Gammon India, Ingersoll Rand, Dredging Corp, Alstom Projects and HEG closed higher.

The BSE Health Care Index was up 1% at 3,783.77. Sun Pharma, Cipla, GlaxoSmithKline, Wockhardt, Ranbaxy Labs closed higher.

The BSE Oil and Gas Index gained 1.1% to close at 6,193.47. ONGC, Reliance Natura, HPCL, MRPL, Reliance ended in green.

The BSE Auto Index closed at 5,433.92 up 1.7%. Amtek Auto, Sundram, Ashok Leyland, Punj Tractors, Tata Motors, Cummins ended higher

The BSE Metal Index was up 1.2% to close at 8,943.84. Sterlite Ind, SAIL, Jindal Saw, Hindalco, NALCO, Sesa Goa closed in green.

The BSE IT Index gained 2.8% at 5,196.98. I-Flex Solution, Moser Baer, Wipro, Patni Computer, TCS advanced.

The BSE FMCG Index gained 1.8% at 1,935.73. ITC, Nestle, Colgate, Shaw Wallace, Dabur India ended in green.

The NSE cash turnover was at Rs 6152.72 crore and the NSE F&O turnover was at Rs 36430.71 crore.

The BSE cash turnover was Rs 3055.12 crore. Total market wide turnover was at Rs 45638.55 crore.

Markets today:

• Markets close in the green on buying across sectors
• Technology, bank, FMCG, & auto stocks major gainers
• Sensex ends at 13,708, Nifty at 3940, up 1.8% each
• Rally broad-based; NSE & BSE 500 indices up 1.6% each
• BSE IT Sector index up 2.8%; Wipro up 4%, TCS up 3.2%
• BSE Bank index up 1.8%; SBI up 2.6%, HDFC Bank up 2.5%
• BSE FMCG index up 1.8%; ITC up 2.9%, Dabur India up 1%
• BSE Auto index up 1.6%; Tata Motors up 2.8%, Bajaj Auto up 1.9%
• Second rung stocks relative underperformers to broad market
• NSE CNX Midcap, BSE Small Cap index close up 1.2% each
• Market breadth positive; NSE Advance Decline ratio 2:1
• Total market turnover Rs 45,638.55 cr vs Rs 42,818.73 cr 
  
  Chat with market expert Pranav Sanghavi every Tuesday

For more information about trading and markets log on to www.moneycontrol.com