Sensex closes at 551pts, crude oil prices fall
Mumbai, Sept 2: The benchmark index of the Bombay Stock Exchange on Tuesday, Sep 2 zoomed past the 15K level and closed 551 points up at 15,049.86 on sustained buying interest spurt after crude oil prices fell sharply. Extending yesterday's pull-back, the Sensex resumed the day with a positive gap of 110 points at 14,609 and further surged to an intraday high of 15,106.86, gaining 607.64 points from its previous close of 14,498.51 on spirited buying in the second half of the trading session, brokers said.
Meanwhile, the broader-based Nifty index of National Stock Exchange surged 155.35 points to close at 4,504.00. It has hit a day's high of 4,522.40 in late trade before closing.
Today's sharp rally was led by Banking, realty, energy and capital goods stocks, which were the major gainers of the day.
All the sectoral indices of BSE managed to end the day in green.
Mid and Small cap indices gained nearly 1.5 per cent to close at 5,837.01 and 6,982.39, respectively, marketmen observed.
Realty index soared 7.35 pc, Bankex zoomed 6.06, whereas PSU, Capital Goods and power index surged over 3.5 per cent during the day trade.
The market breadth was fairly positive as about 1779 shares advanced while 1115 shares declined and about 279 shares remained unchanged.
Turnover
was
strong
and
it
stood
at
Rs
79,448.35
crore,
which
included
Rs
14,166.52
crore
from
NSE,
Rs
8,889.38
crore
from
NSE
F
&O
and
Rs
6,392.45
crore
from
BSE.
Among
top
index
gainers,
State
Bank
of
India
and
ICICI
Bank
zoomed
over
7
per
cent
each
to
Rs
1,521
and
Rs
713,
respectively.
HDFC
soared
4.7
per
cent
to
Rs
2,445
and
HDFC
Bank
surged
3.5
per
cent
to
Rs
1,341.
DLF, Jaiprakash Associates and ONGC surged around 7 per cent each to Rs 530, Rs 174 and Rs 1,102, respectively. Reliance Infrastructure gained 6 per cent at Rs 1,042 and Larsen &Toubro rallied by over 4.5 pc at Rs 2,681.
TCS, Reliance Communications and Wipro surged 4 percent each to Rs 849, Rs 405 and Rs 451 respectively.
However, Ranbaxy and Tata Motors fell nearly 2 per cent each to Rs 490 and Rs 430, respectively.
UNI