Market ends higher: DLF, Hindalco, RIL surge

26 December 2007

The markets ended near the high point of the day building up on their gains made on Monday. The rally came in despite not so encouraging cues from Asia. Huge buying support was seen from capital goods, metal, oil and power stocks. Midcaps and smallcap indices have outperformed Nifty and Sensex. Sensex was above the 20,100 mark and Nifty above 6050 levels. Buying support in auto, capital goods, metal, power, oil and banking stocks.However, select IT stocks are trading in red.

Top gainers were Hindalco, DLF, SBI, Reliance, Zee Entertainment, Reliance Petroleum and BPCL while losers - Sun Pharma, TCS, ONGC and Wipro.

Most active shares on the bourses are NDTV, Reliance Petroleum, Reliance Energy, Essar Oil and Reliance Industries.

Sensex closed up 338.40 points or 1.70% at 20192.52, and the Nifty up 85.65 points or 1.43% at 6070.75.

About 2386 shares have advanced, 681 shares declined, and 32 shares are unchanged.

The BSE Midcap Index ended at 9,400.86 up 2%.