The Indian benchmarks ended on a firm note on January 25, 2013. After opening stable, they were seen consolidating in the early part of the day. But towards the later half, short covering started in Mid-cap stocks and this spread across to different segments of the market. The stocks like HDIL, IVRCL Infra, which lost heavily yesterday, recovered some lost ground. Then came the results of Maruti Ltd. After six consecutive quarters of decline, Maruti moved in the fast lane by posting stellar numbers in the third quarter. This led the Sensex to close at the level of 20103.53 i.e. up by 179.75 points and the Nifty to close at the level of 6074.65 i.e. up by 55.30 points. The midcap index and the small cap index closed in green with the gain of more than one and three forth percentage point and one percentage point respectively. On the sectoral front, all the indices closed in green. Realty Index closed as the largest gainer with the gains of near to four and a half percentage point. This was followed by Auto Index which closed with the gain of more than two percentage point. On the other hand, Oil & Gas index closed as the least gainer when it closed with the gain of more than quarter of a percentage point.
Further, the market breadth closed positive as four stocks were seen advancing for every three declining stocks.
Further, the market breadth closed positive as four stocks were seen advancing for every three declining stocks.
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