New Delhi: After losing 650 points in five consecutive days of fall, markets have bounced back smartly on Thursday and ended up with significant gain.
Attractive quarterly results by Infosys Technologies stimulated trading sentiment and all BSE sectoral indices ended in green.
Heavy buying have seen across the sectors, with FMCG, consumer durable, auto and IT were the most focused stocks on Thursday on the bourses.
Although Infosys stock price did not show much gain, the market rebound after the index heavy IT major announced attractive third quarter results.
But, the impressive showing in Infosys results pushed up Sensex-related stocks such as Tata Consultancy Services, Satyam Computers, I-Flex and Wipro, ahead of their results.
The Sensex closed up 268.55 points or 2.01 per cent at 13630.71, and the Nifty ended up 91.95 points or 2.39 per cent at 3942.25. During the intraday trade Sensex moved up 300 points.
About 1725 shares have advanced, 874 shares declined, and 49 shares are unchanged.
Wipro, Reliance Comm, HLL, Bharti Airtel, Jet Airways and NALCO were top gainers on the indices.
HDFC, Grasim, HDFC Bank, GAIL, Oriental Bank, Zee Entertain and PNB were top losers on the indices.
The BSE Auto index was up 1.94 per cent or 105.95 points at 5555.42. M&M, Ashok Leyland, Cummins, Maruti Udyog, Hind Motors, Bharat Forge closed in positive terrain.
The BSE Bankex ended up 1.01 per cent or 69.14 points at 6913.85. Federal Bank, UTI Bank, IOB, Vijaya Bank, Kotak Mahindra flared.
The Consumer Duralbes index was up 2.67 per cent or 98.89 points at 3797.84. Blue Star, Titan Industries, Whirlpool, BPL and Su-Raj Diamonds moved up.
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