Sensex,
Nifty extend rally; Bharti Airtel, M&M top gainers Bharti Airtel topped the
buying list up by 6 percent. Mahindra & Mahindra rallied 5 percent,
reacting to Q4 earnings that matched street expectations. Equity
benchmarks extended rally in last hour of trade with the Sensex rising 379
points or 1.8 percent to 27885 and the Nifty gaining 125 points or 1.8 percent
at 8468. About 1405 shares have advanced, 1188 shares declined, and 161 shares
are unchanged. Sensex ended the day
at 27,828 up 321 points. The broader 50-share Nifty
closed above the crucial mark of 8,400 @ 8,433 up by 114 points. 26 of the Sensex stocks ended the day in green.
Sectorally, auto index was the top gainer, up 1.8%. Value buying, hopes of a rate cut from RBI on June 2
are said to the top reasons why Indian markets were on a roll today.
TODAY RESULTS