After a 160 points surge on Tuesday, the Sensex today opened on an extremely strong note despite subdued global markets.
Continuous buying in the banking and realty stocks helped the index to continue the rally and soar to a high of 17,142. This was the first time in 16 months that the Sensex surpassed the 17,000 mark. The sparkling debut by PSU company, Oil India, further boosted market sentiments.
Among the sectoral indices, bankex index soared 3% to 9,808. The realty, capital goods, metal and IT index were up 1.5% each.
The Sensex finally ended at 17,127, up 274 points. The NSE Nifty finally settled at 5,084, up 77 points.
INDEX MOVERS...
Among the BSE Sensex 30-stocks, SBI gained 5% at Rs 2,195 and ICICI Bank soared 4.5% to Rs 905.
More From This Section
Maruti, Mahindra & Mahindra, Sterlite and Wipro advanced over 3.5% each.
Reliance Communication, DLF, BHEL, Larsen & Toubro and HDFC Bank have increased over 2% each.
...AND THE SHAKERS
ONGC and ITC were down 1% each at Rs 1,171 and Rs 232, respectively.
The market breadth was marginally positive, out of 2,858 shares traded, 1,698 advanced and 1,183 declined so far on the BSE.
VALUE & VOLUME TOPPERS
Oil India has topped the combined value chart with a total turnover of Rs 3,229 crore. It was followed by Reliance (Rs 1,168 crore), DLF (Rs 597 crore) and Unitech (Rs 444 crore).
Unitech topped the combined value chart with trades of 41 million shares. It was followed by Ispat Industries (28 million), FSL (23 million) and Parsvnath (17 million).