MARKET SUMMARY FOR 15 JULY 2015

The Sensex, which opened at 28,022 points, provisionally closed at 28,198 points up 265 points or 0.95 percent from the previous day's close at 27,932 points.The Sensex touched a high of 28,218 points and a low of 27,986 points in the intra-day trade. The  Sensex closed 265 points up to regain the 28,000 mark on Wednesday. Nifty ended nearly 70 points above 8500 level. This is Nifty’s highest close in nearly three months. The hopes about rate cut and importing cheaper oil from Iran after it signed a nuclear deal with the major powers helped boost the Indian stock markets on Wednesday, with the 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE) provisionally closing more than 265 points up on Wednesday.The wider 50-scrip Nifty of the National Stock Exchange (NSE) also provisionally closed with healthy gains. It was up 72 points or 0.85 percent up at 8,526 points. The markets ended at the day's highs, with the Sensex climbing back above the psychologically important 28,000 mark and Nifty reclaiming the 8,500 mark, aided by the largely positive cues from the Asian front.
SECTORS & STOCKS

All the sectoral indices settled in the green, with the IT and auto indices ending with gains of more than 1%. IT shares had a strong session on hopes of order inflows from Europe post the Greek bailout deal. Wipro, TCS and Infosys gained 1-2% each.Auto stocks also saw buying interest. Maruti Suzuki surged nearly 3% to a life-time high of Rs 4158, extending its nearly 3% gains in the past two trading sessions , on expectations of strong financial results for the quarter ended June 30, 2015 . Tata Motors also bounced back in this session due to value buying; the stock had touched fresh 52-week lows in the previous session on concerns about a slowdown in China.Tata Steel and SBI were the only Sensex-30 stocks to end in the red, albeit only marginally.