Mkts end higher led by infrastructure, financials
May 22nd, 2009
The markets closed the last session of the week on a positive note. This week the benchmark indices celebrated the clean sweep of United Progressive Alliance (UPA). The markets touched the upper circuit level on Monday morning. The broader indices also catched up with largecaps and continued the uptrend.
Today’s small rally was led by infrastructure and select financials and by stocks like Reliance Industries and Infosys. The markets were volatile through the day. The selling in auto, cement, select technology stocks along with ONGC, DLF, Sterlite and Reliance Communication capped the gains.