The NSE's benchmark
index Nifty50 closed above 11,400 level at 11,427, up 84 points or 0.74 per
cent. The index hit a high of 11,487 levels during the day. Both Sensex and Nifty reclaimed their crucial levels of 38,000 and 11,400 levels,
respectively in the intra-day trade after a gap of six months.On a weekly
basis,Sensex gained 3.68 per cent and Nifty added 3.54 per cent. Market breadth
remained in favour of declines as out 2,860 companies traded on BSE, 1,478
declined and 1,207 advanced while 175 remained unchanged. A total of 59
securities hit their 52-week highs while 111 scrips hit their one-year lows.
BUZZING STOCKSShares of Titan
Company hit a new high of Rs 1,112, up 2.5 per cent, in intra-day trade. The
firm is set to join the elite club of Rs 1-trillion market capitalization
(market-cap) on the BSE. The stock, eventually settled at Rs 1,095 apiece on
BSE, up nearly a per cent. Shares of UPL hit a
new high of Rs 921, up 2 per cent, in intra-day trade, after more than two
million shares of the agrochemicals company changed hands on the BSE through
block deal. It settled at Rs 922, up 2 per cent.