Sensex ends above 15,000 led by infra, metals, banks, telecom

The Sensex recovered one third of Monday's loss in today's trade and ended above the 15,000 mark. The Nifty clawed back above the 4450 levels. The markets witnessed consolidation throughout the session. Buying in shares of telecom, capital goods, power, banking, metal and FMCG helped the equity benchmarks.

Bounce back in global markets also supported the markets. Monday's worst performer, China's Shanghai gained 1.4%. Among the other Asian markets, Hang Seng and Straits Times rose 0.84% each. Nikkei and Kospi were up marginally. However, Taiwan Weighted and Jakarta Composite fell 2% each.

At the time of closing of Indian equities, European markets and US index futures were trading with 0.7% gain each. Base metals also witnessed buying interest and were trading 0.5-2% higher on the London Metal Exchange.

Today's rally was majorly on account of short covering. The 50-share NSE Nifty rose 1.62% or 71 points, to settle at 4458.90 and the 30-share BSE Sensex closed at 15,035.26, up 1.69% or 250.34 points. The Nifty futures wiped out 15-point discount. The Nifty Open Interest put-call ratio increased to 1, as Nifty 4,500 Call shed Open Interest.

The broader indices outperformed the benchmark indices; the BSE Midcap and Smallcap indices rose 2% each. The market breadth was positive; about 1794 shares advanced while 970 shares declined on the BSE. Nearly 415 shares remained unchanged.
 
Total traded turnover was higher at Rs 94,599.56 crore as against Rs 91,347.93 crore on Monday. This included Rs 15,775.98 crore from the NSE cash segment, Rs 73,655.74 crore from the NSE F&O and the balance Rs 5,167.84 crore from the BSE cash segment. 

The BSE Capital Goods Index outperformed other indices, rose 3.6%; Siemens, Punj Lloyd and L&T surged 5% each. BHEL was up 2.8% and ABB up 1.99%.