The Sensex today resumed smartly 118.26 points up at 19,210.22 from its previous close of 19,091.96 on sustained inflows in early trade. It touched a high of 19,291.14, gained 193.44 points from day's low of 19,097.97 on sustained inflows in the mid-morning session. Similarly, broader based Nifty index at National Stock Exchange (NSE) gained 47.75 points to touch a day's high at 5,799.50 from its day's low of 5,751.75, before finally closing with a gain of 15.40 points at 5,766.55 in late trade.
The market breadth turned weak later during the day in contrast to a strong breadth earlier during the day as there were good inflows. However, it remained positive to finally end in green, traders said.
IT stocks rallied and Reliance Industries edged higher. FMCG, capital goods, consumer durables, banking, oil and gas and power stocks ended at a loss of 0.25 to 1.00 per cent. Satyam Computer Services and Infosys were major gainers whereas ACC and Cipla were major losers from the Sensex pack.
European markets were positive even as Asian markets were mixed today.
BSE clocked a turnover of Rs 6,225 crore, lower than the previous day's turnover of Rs 8,347.15 crore. Market breadth was weak. On BSE, 1,130 stocks advanced, 1,764 stocks declined and 26 stocks remained unchanged. 17 out of 30 stocks from the Sensex pack were down. BSE Mid-Cap index was weaker by 0.60pc to 9,025.54. BSE Small-Cap index declined by 0.86pc to 11,793.27. Both these indices underperformed the Sensex.