Sensex ends 474 pts up; infra, banks lead
14 Feb 2011
It was a partying time for the bulls on Dalal Street on Monday following the continuation of Friday's uptrend, particularly after getting slaughtered in previous few sessions.
The benchmark Nifty closed above the 5400-mark for the first time in last eight sessions, which could be led by value buying as well as short covering. Global cues too were quite supportive after easing out concerns in Egypt.
Capital Goods was the leading sector today with 5% jump followed by Auto, Metal, Bank, Power and FMCG indices with 3-4% gain. Realty, IT, Healthcare and Oil & Gas indices rose 1-2.5%.
The 30-share BSE Sensex closed at 18,202, up 474 points and the 50-share NSE Nifty gained 146 points at 5,456.
In midcap space, Manappuram, KEC International, PTC India, Ramky Infra and United Breweries gained 12-18% while Sunteck Realty, Patel Engg, Hind National Glass, Godfrey Phillip and SpiceJet fell 2-10%.
In smallcap space, Geodesic, OM Metals Infra, A.K.Capital, Nitesh Estates and Jindal Cotex shot up 15-20%. However, Dishman Pharma, R M Mohite, India Securities, Himatsingka Seide and Lumax Inds slipped 4-9%.