New Delhi: The Sensex closed up 114.06 points or 1.24 per cent at 9284.46. The Nifty ended above 30 points.
Buying was seen in banking, consumer durables, technology, metal, auto, FMCG, oil, pharma and capital goods stocks.
The market gained in late trade. Sensex touched an intraday high of 9290.31 and an intraday low of 9137.16.
The Nifty closed up 31.60 points or 1.14 per cent at 2810.15. It touched an intraday high of 2814.90 and an intraday low of 2766.50.
The CNX Midcap Index closed up 27.80 points or 0.71 per cent at 3967.60. It touched an intraday high of 3970.10 and an intraday low of 3938.30.
The BSE Small Cap Index closed up 29.04 points at 5814.23. The BSE Midcap Index closed up 23.23 points at 4362.78.
The market breadth was negative, about 1159 shares advanced, 1250 shares declined, and 70 shares remained unchanged. The total market turnover was at Rs 34744.95 crore.
ICICI Bank, Hindalco, HDFC, Reliance Energy, SBI, VSNL, PNB and MTNL were the biggest index gainers.
L&T, Cipla, HDFC Bank, Tata Steel, Zee Telefilms and Gail were the biggest index losers.
The volumes were higher in the NSE F&O segment. The turnover was at Rs 23,178.33 crore. The Nifty Futures added 1.1 lakh shares in Open Interest. The Nifty 2800 Call, Put added significant Open Interest. SBI, VSNL, Titan, Reliance and Satyam were the top trades on Friday.
FIIs were net sellers of Rs 127 crore in F&O and of Rs 205 crore in Nifty Futures on December 15. They were net buyers of USD 118.5 million in equity on December 15. The Domestic Mutual Funds were net sellers of Rs 145.32 crore on December 15.
Analysts believe that Sensex could touch the 9500 levels in December. In the next one or two years, India would probably be the best FDI destination with everybody coming here, making announcements and planning investments.
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The BSE Bankex outperformed the other indices. It closed up 2.76 per cent or 136.29 points after yesterday's big fall. Banking stocks like ICICI Bank, Allahabad Bank, PNB, Bank of India, SBI, Kotak Mahindra, Union Bank, Bank of Baroda, Oriental Bank, IOB, Canara Bank and Andhra Bank ended firm. ICICI Bank spurted up 4.6 per cent on Friday.
Consumer durables stocks including Titan Industries, Samtel Color, Su-Raj Diamonds and Mirc Electronic also gained. The BSE Consumer Durables Index closed up 2.07 per cent at 3226.63.
Technology stocks like Hexaware Tech, Flextronics, Infosys, Moser Baer, Patni Computer, HCL Info, TCS, MphasiS BFL, I-Flex Solutions, Wipro and Satyam also witnessed buying interest. The BSE IT Index closed up 1.57 per cent at 3701.94.
The BSE Metal Index closed up 1.43 per cent at 6399 amid gains in Sterlite Ind, Hindalco, Sail, Jindal Stainless, Jindal Saw, Nalco, JSW Steel, and Jindal Steel.
Auto stocks including Bajaj Auto, Sundaram-Clayton, Maruti Udyog, Bharat Forge, Hero Honda, Tata Motors, Ashok Leyland, Exide Industries, Asahi India and MICO also moved up. The BSE Auto Index closed up 0.90 per cent at 4217.57.
FMCG stocks like Dabur India, Tata Tea, Colgate, Britannia, HLL, ITC, Nestle and Nirma also ended higher. The BSE FMCG Index closed up 0.54 per cent at 1609.65.
The BSE Oil & Gas Index was the modest gainer throughout the day. It closed up 0.37 per cent at 4244 as buying was seen in BPCL, Kochi Refineries, IOC, Reliance, Petronet LNG and ONGC.
Pharma stocks like Matrix Labs, Lupin, Biocon, GSK Pharma, Wyeth, Wockhardt, Apollo Hospital, Ranbaxy Labs, Aurobindo Pharma and Dr Reddy?s Labs also surged. The BSE Healthcare Index closed up 0.29 per cent at 3095.18.
Telecom stocks were also the biggest gainer throughout the day despite the volatile session. Telecom stocks like MTNL, VSNL and Tata Tele also ended with gain. MTNL surged over 4 per cent on Friday.
Some buying was also seen in capital goods, hotel, paper, shipping, sugar and tea stocks.
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