Six stocks added half of Sensex's 1,800-pt gain

Six stocks together have a Sensex weightage of 44.7%.

Six stocks in the 30-share BSE Sensex basket have fuelled the market rally, contributing half of the 1,800-odd point gain in the index in the past four months.

Reliance Industries contributed 13.75 per cent of the total gains, or 251 points. Infosys Technologies was the second largest contributor with 179 points, followed by ICICI Bank (154 points), Bharti Tele-Ventures (126 points), ITC (111 points) and SBI (97 points). The six stocks collectively have a Sensex weightage of 44.7 per cent.

The BSE Sensex closed at an all-time high of 7,925.24 today, up 1,795 points since April 29 when it closed at 6,154.43.

Three sectors""banking, infotech and oil""had a major say in the market rally since April 29. The trio contributed almost 55 per cent or 978 points to the rally. Four banks in the Sensex basket have added 356 points, four IT stocks contributed 312 points and two oil stocks contributed 310 points.

Two FMCG companies"" ITC and Hindustan Lever""contributed 162 points, while four automobiles stocks added 122 points to the rise.

The BSE Sensex gained 29.2 per cent since April 29 with only 12 out of 30 Sensex stock outperforming the overall gains.

Bharti Tele-Ventures, which contributed 126 points to the Sensex rally, appreciated by 56.9 per cent in the past four months. Bharti's shares increased from 207.15 on April 29 to 325.05 today.

SBI was the second largest gainers with its shares rising 43.4 per cent from Rs 584.79 to Rs 838.35. Hero Honda gained 39.4 per cent, Cipla 38.3 per cent, Reliance 38.2 per cent, Larsen & Toubro 36.1 per cent, Bhel 35.7 per cent, ICICI Bank 35.5 and Bajaj Auto 35 per cent.