Sensex gains more than 160
points; automobile stocks up.Better-than-expected factory output and
contained consumer and wholesale price indices buoyed sentiments and led to a
barometer index of the Indian equities markets on Monday gaining more than 160
points in the late-afternoon trade session. The market saw buying interest
on Monday despite some late global jitters. The Nifty reclaimed 8,000 led by
oil, FMCG, pharma, auto and select private banking & financials stocks.
Macro data also supported the sentiment today. The 30-share BSE Sensex
gained 161 points to close at 26586 and
the 50-share NSE nifty rose 31 points to 8013. The BSE Midcap closed flat while
Smallcap index advanced 0.4 percent. Sensex ended at 26,625 and up by 200
points; Nifty ended at 8,037 and up by 54 points. In
volatile movements, the 30-share Sensex after falling to the day’s low of 26,307, staged a strong
comeback at a rapid pace to hit high of 26,728.
TOP GAINERS AND LOSERS ARE:
|
Sectors
|
Change
%
|
Top
Gainer
Company |
|
Crude Oil & Natural Gas
|
2.18
%
|
Cairn India
|
|
Finance
|
1.83
%
|
H D F C
|
|
Entertainment
|
1.66
%
|
Zee Entertainmen
|
|
Automobile
|
1.10
%
|
M & M
|
|
IT - Software
|
-14.97
%
|
Infosys
|
|
Non Ferrous Metals
|
-2.10
%
|
Hindalco Inds.
|
|
Cement
|
-1.66
%
|
ACC
|
|
Power Generation & Distribution
|
-1.54
%
|
Power Grid Corpn
|
|
Paints/Varnish
|
-1.01
%
|
Asian Paints
|
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