Mkts rally; RIL, Infy, L&T, ICICI Bank, ONGC gain
The markets continued trading strong as capital goods, power, banks, metals, FMCG, pharma and oil & gas stocks were witnessing strong buying interest. Reliance, Infosys, L&T, ICICI Bank and HDFC were positive contributors to the Sensex.
At 14.05 hrs IST, the Sensex was up 418.30 points or 2.77% at 15545.30, and the Nifty was up 119.90 points or 2.63% at 4670.85.
About 1469 shares advanced, 1363 shares declined, and 311 shares were unchanged.
Top gainers on the Sensex were Wipro at Rs 447.95 up 5.71%, Tata Power at Rs 1,205 up 5.67%, HDFC Bank at Rs 1,493 up 5.48%, BHEL at Rs 2,360.05 up 4.95% and Reliance Infra at Rs 1,203 up 4.67%.
Cigarette major ITC was trading at Rs 195.35 up 2.55% from its previous close of Rs 190.50.
Refinery major HPCL was trading at Rs 329.00 up 2.03% from its previous close of Rs 322.45.
Top gainers on the BSE Midcap – Patel Eng, ING Vysya Bank, Godfrey Phillip, Videocon Indust and Lanco Infratech were up 9-11%.
Top gainers on the BSE Smallcap – Asian Hotels, Everonn Systems, Prism Cement, Usha Martin and JK LakshmiCemen were up 10-20%.