News Hour: Sensex rallies nearly 300 points on FDI hopes & cues from global peers

 
MUMBAI: Sensex closed near day's high led by gains in realty, FMCG and banks on the back of positive cues from global peers. The support of allies to the government over FDI in retail also boosted sentiment. 
The 30-share index ended at 18,831.98, up 294.97 points or 1.59 per cent. It touched a high of 18,862.70 and a low of 18,616.55 in trade today. 
The Nifty closed at 5,725.80, up 89.90 points or 1.60 per cent. The broader index touched a high of 5,733.20 and a low of 5,658 in trade today. 
The BSE Midcap Index was up 1.13 per cent and the BSE Smallcap Index moved up 0.88 per cent. 
Among the sectoral indices, the BSE Realty Index rallied 3.21 per cent, the BSE FMCG Index gained 2.19 per cent, the BSE Bankex moved 1.80 per cent higher and the BSE Metal Index was up 1.31 per cent. 
Bharti AirtelBSE 5.22 % (4.33 per cent), Sterlite IndustriesBSE 3.56 % (3.20 per cent), HDFCBSE 2.79 % (2.93 per cent), HDFC BankBSE 2.69 %(2.72 per cent) and Hindalco IndustriesBSE 2.55 %(2.60 per cent) were among the major Sensex gainers. 
Tata PowerBSE 0.05 % (0.29 per cent) and NTPCBSE -0.38 % (0.22 per cent) were the only index losers.
The market breadth was positive on the BSE with 1,701 gainers against 1,179 losers. 
(All figures are provisional)
Source: economictimes.indiatimes.com)