New Delhi: Markets extended its previous session’s gains for the fifth day in a row backed by sustained buying on Tuesday, also picking strong cues from global stocks.
Domestic indices gained ground as strong buying emerged across the board during final trading hours led by on optimism about Q2 September 2009 results next month.
The Bombay Stock Exchange benchmark Sensex opened 0.2% on mixed cues from the Asian markets and Wall Street. All indices ended in green barring oil & gas segment.
The 30-share BSE Sensex closed higher by 145.13 or 0.87% points at 16,886.43 and 50-share NSE Nifty ended up by 44.15 points or 0.89% at 5,020.20.
Leading gainers from the BSE pack are HDFC by 5.30% to Rs2,533.05, Tata Consultancy Services Ltd by 2.92% to Rs583.80, Tata Motors by 2.60% to Rs598.95, ITC Ltd by 2.59% to Rs227.40, Infosys Technologies by 1.77% to Rs2,363.80, HDFC Bank by 1.50% to Rs1,523.60, State Bank of India by 1.41% to Rs2,142.30, Hindustan Unilever Ltd by 1.28% to Rs261.15, Wipro Ltd by 1.28% to Rs568.20, Maruti Suzuki by 1.12% to Rs1,640.85 and Larsen & Toubro Ltd by 0.97% to Rs1,652.15.
Among the losers on the BSE were Bharti Airtel down by 3.28% to Rs442.60, Jaiprakash Associates by 2.67% to Rs256.85, Hindalco by 0.58% to Rs137.70, ONGC by 0.47% to Rs1,160.90 and Sterlite Industries by 0.25% to Rs762.
Reliance Natural Resources were the most actively traded scrip with over 1.19 crore shares changing hands on BSE followed by Suzlon Energy, Ispat Industries, Tata Teleservices, Unitech and IFCI.
Among global markets, Asia ended mixed. Japan’s index Nikkei ended 0.7% down on short-covering, while Hong Kong’s Hang Seng gained 1% pushed up by bargain hunters.