The Sensex extended gains and is trading above the crucial 19,000 mark. IT, teck and metal stocks traded higher.
At 2.56 p.m., the Sensex was trading up 156.75 points or 0.83% at 19,039 with 21 components gaining. Meanwhile, the Nifty was trading higher by 52.20 points or 0.92% at 5,706.95 with 36 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 100.95 points or 0.53% at 18,983.20, while the broad based NSE Nifty started with a rise of 27.80 points or 0.49%, at 5,682.55.
Sensex Movers
Tata Consultancy Services contributed rise of 48.25 points in the Sensex. It was followed by I T C (25.4 points), Infosys Technologies (20.63 points), State Bank Of India (14.24 points) and Sterlite Industries (India) (13.6 points).
However, Reliance Infrastructure contributed fall of 7.41 points in the Sensex. It was followed by Housing Development Finance Corporation (6.47 points), Reliance Industries (6.41 points), Bharti Airtel (5.39 points) and Tata Power Company (4.29 points).
Biggest gainers in the 30-share index were Tata Consultancy Services (5.80%), Sterlite Industries (India) (3.63%), Wipro (2.89%), Bajaj Auto (2.20%), I T C (2.18%), and Cipla (2.08%).
On the other hand, Reliance Energy (4.99%), D L F (1.85%), Tata Power Company (1.49%), Bharti Airtel (0.93%), Housing Development Finance Corporation (0.60%), and Hero Honda Motors (0.58%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts gaining 0.20% and 0.02% respectively.
The major gainers in the BSE Midcap were A B G Shipyard (1.41%), Core Projects and Technologies (1.36%), Aban Offshore (0.47%), Alstom Projects India (0.34%) and A I A Engineering (0.21%).
The major gainers in the BSE Smallcap were Action Construction Equipment (0.72%), A B G Infralogistics (0.25%), Ador Welding (0.11%), Adhunik Metaliks (0.1%) and Reliance MediaWorks (0.08%).
Sectors in Limelight
The IT index was at 6,700.72, up by 150.53 points or by 2.30%. The major gainers were H C L Technologies (2.97%), Mphasis (1.66%), Core Projects and Technologies (1.36%), Infosys Technologies (1.04%) and Oracle Financial Services Software (0.22%).
The TECk index was at 3,925.61, up by 60.45 points or by 1.56%. The major gainers were Mphasis (1.66%), Idea Cellular (1.08%), Deccan Chronicle Holdings (0.76%), Oracle Financial Services Software (0.22%) and Reliance MediaWorks (0.08%).
The Metal index was at 16,398.23, up by 242.88 points or by 1.50%. The major gainers were JSW Steel (3.62%), NMDC (3.19%), Bhushan Steel (2.06%), HindalcoIndustries (1.95%) and Jindal Steel & Power (0.06%).
On the other hand, the Realty index was at 2,453.10, down by 11.5 points or by 0.47%. The major losers were Mahindra Lifespace Developers (2.79%), D L F (1.85%), D B Realty (1.42%), Ackruti City (0.19%) and Anant RajIndustries (0.1%).
Market Breadth
Market breadth was negative with 1,407 advances against 1,436 declines.
Value and Volume Toppers
Adani Enterprises topped the value chart on the BSE with a turnover of Rs. 1,800.90 million. It was followed by State Bank Of India (Rs. 747.15 million), Reliance Infrastructure (Rs 700.02 million) and Tata Consultancy Services (Rs. 688.22 million).
The volume chart was led by Cals Refineries with trades of over 9.17 million shares. It was followed by Spectacle Infotek (7.94 million), Bampsl Securities (6.13 million) and Comfort Intech (5.21 million).
