Markets rally; ONGC, ICICI Bank, SBI, Infy, L&T surge
May 27th, 2009
At 13.21 hrs IST, the markets were witnessing huge buying interest led by uptrend in realty, banking, metal, capital goods, power and oil stocks. The Nifty was holding the 4200 mark and the Sensex was hovering around the 14000 mark. The BSE midcap and the smallcap indices were up 3% and 2.67% respectively. Positive contributors to the Sensex were Reliance, ICICI Bank, Infosys, L&T and HDFC.
The Sensex was up 412.56 points or 3.04% at 14001.79, and the Nifty was up 108.65 points or 2.64% at 4225.35.
About 2273 shares advanced, 552 shares declined, and 304 shares were unchanged.