Sensex climbs over 100 ptsKingfisher falls 4.5%
The BSE Sensex ext ed gains led by somewhat short covering after a sharp fall in previous three sessions. The NSE Nifty was inching towards the 5300 level.
Kingfisher Airlines fell 4.5% after CNBC-TV18 reported quoting sources that the government has prepared ground for suspension of company'slicense. Most active shares on the BSE were SBI, Mahindra Satyam,Vikas WSP, Container Corporation and Axis Bank.
The BSE benchmark rose 124 points or 0.7% to 17,397.36, supported by 25 components. Meanwhile, the NSE benchmark gained 37 points at 5,294.20, helped by banks, capital goods, oil & gas and metals stocks.
Index heavyweight and India's most valued stock Reliance Industries moved up 1.3% to Rs 764.60.
Country's largest l ers State Bank of India and ICICI Bank climbed 1.4% and 1%, respectively while rival HDFC Bank was up 1%.
Engineering and construction major Larsen & Toubro went up 1.4% while state-run Bharat Heavy Electricals jumped 2%.
India's largest software services exporter Tata Consultancy Services was up 1.4% whereas Wipro rose 0.5% and Info was flat.
Metals stocks like Sterlite Industries, Tata Steel, Jindal Steel and Hindalco were up 1-2.4%.
However, shares of ITC, Bajaj Auto, Hero Motocorp and Maruti were down 0.3-0.9%.
The market breadth too was positive about 1191 shares advanced while 639 shares declined on the BSE.
The BSE benchmark rose 124 points or 0.7% to 17,397.36, supported by 25 components. Meanwhile, the NSE benchmark gained 37 points at 5,294.20, helped by banks, capital goods, oil & gas and metals stocks.
Index heavyweight and India's most valued stock Reliance Industries moved up 1.3% to Rs 764.60.
Country's largest l ers State Bank of India and ICICI Bank climbed 1.4% and 1%, respectively while rival HDFC Bank was up 1%.
Engineering and construction major Larsen & Toubro went up 1.4% while state-run Bharat Heavy Electricals jumped 2%.
India's largest software services exporter Tata Consultancy Services was up 1.4% whereas Wipro rose 0.5% and Info was flat.
Metals stocks like Sterlite Industries, Tata Steel, Jindal Steel and Hindalco were up 1-2.4%.
However, shares of ITC, Bajaj Auto, Hero Motocorp and Maruti were down 0.3-0.9%.
The market breadth too was positive about 1191 shares advanced while 639 shares declined on the BSE.
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