Sensex vaults 301 points to 15,697

Sensex vaults 301 points to 15,697
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First Published: Tue, Jun 17 2008. 03 49 PM IST
Updated: Tue, Jun 17 2008. 03 49 PM IST
The Sensex vaulted 301 points to 15,697 by close, led by strong gains in HDFC and Maruti Suzuki that firmed up over 5% each. In broader markets, the Nifty moved up 80 points to 4,653 levels.
“The Sensex has support at 15,136 — 15,339 levels. If it is able to maintain this, then its move past 15,553 can take it higher to 15,659 — 15,729 levels,” said a technical analyst with Religare Securities.
Larsen and Toubro, Reliance Infra, State Bank of India, ONGC, Ranbaxy Laboratories, Reliance Industries, Jaiprakash Associates and DLF Limited were some of the other notable gainers in the BSE-30 pack.
Among sectoral indices, the banking index surged 4.3% or 311 points by close. Key gainers in this space included Oriental Bank of Commerce, Kotak Mahindra Bank, Canara Bank, Bank of Baroda, besides State Bank of India.
Strength was also visible in realty counters Indiabulls Real Estate logging gains of over 6%. Anant Raj Industries, Ansal Infrastructure, Peninsula Land, Unitech Limited and Omaxe Limited also closed in positive turf.
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First Published: Tue, Jun 17 2008. 03 49 PM IST
More Topics: Markets | Stocks | Sensex | Nifty | BSE |