Nifty ends higher on first day of June series
27 May 2011
Indian equities ended Friday's trade on strong note, closing at the highest point of the day. The bulls have taken charge of proceedings, keeping the benchmark indices above their psychological level.
The BSE realty index outperformed the other sectoral indices; up nearly 4%. Strong buying was also seen in banks, metals, oil & gas, power and FMCG stocks.
The Sensex closed up 221.46 points or 1.23% at 18266.10. Its touched an intraday high of 18,298.64 and an intraday low of 18,087.16.
The Nifty was up 63.30 points or 1.17% at 5475.65. Its touched an intraday high of 5,485.80 and an intraday low of 5,413.60.
The market breadth was positive; about 1752 shares advanced, 1093 shares declined, and 798 shares remained unchanged.
Top gainers on the Sensex were Hindalco at Rs 197.50 up 5.78%, Reliance Comm at Rs 85 up 5.66%, ICICI Bank at Rs 1,069 up 4.23%, DLF at Rs 225.20 up 4.11% and Reliance Infra at Rs 557.15 up 3.85%.