SENSEX HITS 12,000 MARK
At 12:23 hours IST, the 30-share BSE Sensex tested the 12,000 mark. Metal, realty, technology, banking, capital goods and FMCG were witnessing buying interest. Midcaps and smallcap also surged but the benchmark indices outperformed the broader indices.
The Sensex was trading at 12001, up 598 points and the Nifty shot up 154 points, to 3,628, at 12:23 hours IST. Broader indices – BSE Midcap and Smallcap indices gained 3-3.6%.
On the sectoral front, BSE Metal Index surged over 7%, as Sterlite, Hindalco, Tata Steel, JSW Steel, Hindustan Zinc, NALCO and SAIL shot up 6-12%.
IT, Bank, Realty and Capital Goods indices went up over 5%.
In the technology pack, Wipro, TCS and Infosys gained 5-8%. Among banking stocks, ICICI Bank, SBI, HDFC Bank, Axis Bank and PNB were up 4.4-6.5%.
Unitech, Indiabulls Real, HDIL, Orbit Corporation, Parsvnath and DLF rose 3-10% in the realty pack.
Among the capital goods stocks, Siemens, Punj Lloyd, L&T and BHEL were up 3-9%.
Among other indices, FMCG, Auto, Oil & Gas and Power gained 3.5-4.5%.
Reliance Petroleum, Reliance Industries and ONGC were up 3-3.9% in the oil & gas space.
In the midcap space, Sintex India, Pantaloon Retail, MindTree, India Infoline and Asian Star were up 10-13%. In the smallcap space, Fresenius Kabi, Ruchi Soya, Infotech Enterprises, Kesoram and Aztecsoft gained 11-20%.