Mkts skyrocket, Nifty closes above 3900

Mumbai: The bulls were completely in charge of the markets. After Monday's pullback the markets surged scaling new heights. Buying was seen in scrips across sectors added by spectacular listing of Info Edge.

The Bombay Stock Exchange benchmark index, Sensex closed at 13,616.80 up 186.10 points, and the Nifty closed at 3,918 up 62.15 points.

Reliance Energy, Bharti Airtel, ITC, TCS, Suzlon Energy, Siemens and HPCL were the top gainers on the indices. HDFC, Infosys, Ranbaxy Labs, Nalco, Tata Power and Oriental Bank were the top losers on the indices.

The BSE Midcap Index was up 1.69 percent or 92.43 points at 5,546.86.

The BSE Small Cap Index gained 1.88 percent or 118.12 points at 6,416.61.

The BSE Auto Index spurted 1.44 percent or 74.44 points at 5,259.19. Asahi India, Tube Investment, Punj Tractors, TVS Motor, Ashok Leyland and M&M moved up.

The BSE Bankex soared 1.19 percent or 83.40 points at 7,079.02. Federal Bank, Centurion BoP, UTI Bank, SBI, Karnataka Bank and Bank of India advanced.

The BSE Capital Goods Index moved up 1.66 percent or 143.85 points at 8,794.21. HEG, Ingersoll Rand, Bharat Elec, SKF India, Crompton Greave gained.

The BSE FMCG Index surged 2.19 percent or 43.52 points at 2,033.55. ITC, HLL, United Spirits, Colgate and Dabur India witness buying interest.

The BSE Health Care Index was up 0.7 percent or 25.67 points at 3,690.36. Divis Labs, Biocon, Apollo Hospital, Sterling Bio, Dr Reddys Labs moved up.

The BSE IT Index rose 1.31 percent or 66.59 points at 5,130.48. I-Flex Solution, Moser Baer, Satyam, HCL Tech and TCS surged.

The BSE Metal Index advanced 2.32 percent or 199.20 points at 8,784.13. JSW Steel, Sesa Goa, SAIL, Tata Steel and Mah Seamless scaled up.

The BSE Oil and Gas Index firmed 1.05 percent or 64.52 points at 6,195.69. Chennai Petro, HPCL, BPCL, Reliance Natura and Reliance gained.

The NSE cash turnover was at Rs 9082.98 crore and the NSE F&O turnover was at Rs 29325.33 crore. The BSE cash turnover was Rs 4577.36 crore. Total market wide turnover was at Rs 42985.67 crore.

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