Rate sensitive stocks such as banks, realty, autos were among the top gainers ahead of the RBI's policy decision on Monday as traders bet the central bank could deliver a cut in the repo rate and CRR to boost growth.
BSE Banking index closed 2.1 percent led by gains in ICICI Bank, which was trading 2.7 percent higher,Punjab National Bank, rose 3.3 percent and HDFC Bank, which was up 2.2 percent.
BSE Auto Index ended 2.5 percent led by gains in Tata Motors, which was up 5.3 percent followed by Hero MotoCorp, M&M which ended 2.3 percent and 2.5 percent respectively.
Tata Motors ended 5.3 percent higher after the company reported global vehicle sales of 96,089 vehicles for the month of May, up 12 percent YoY.
The Nifty Index ended at 5,139.05, up 84.30 points or 1.67 percent. It touched an intraday high of 5,146.20 and a low of 5,069.15.
The Sensex closed at 16,936.22, up 258.34 points or 1.55 percent. It touched an intraday high of 16,967.76 and a low of 16,701.28.
The BSE Midcap Index ended up 0.5 percent and the BSE Smallcap Index closed 0.4 percent higher.
The BSE Realty Index closed 1.6 percent higher, the BSE Capital Goods Index advanced 1.65 percent, and the BSE FMCG Index ended up 1.65 percent.
Top traded stocks on the BSE include SBI, L&T and Tata Motors.
Top Sensex losers include Sterlite Industries Ltd, which closed 1.5 percent lower at Rs 100.25, followed by ONGC Ltd, which ended 0.7 percent down at Rs 265.50.
(Source- http://economictimes.indiatimes.com)
No comments:
Post a Comment