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| Year 2010 started on a bullish note as the benchmark indices gained nearly half a percent in today's trade. Sensex gained 93 points to close at 17558, while Nifty finished at 5232, up 31 points. Action however was in Midcap and Smallcap stocks, as depicted by BSE Mid-cap and Small-cap indices, up 1.5% and 1.6% respectively. Volumes however were lower despite market opening at 9.00 am instead of 9.55 as per revised timing effective from today. Cement stocks saw solid gains on the back of better than expected dispatch figures for the month of December. Reliance lost 1.3% to finish at 1075 as the company sold 2.5 cr treasury shares at Rs. 1035 each in a block deal. European markets were up about a percent, with banks, oil producers and Pharma stocks leading the gains. |
| BSE Auto and Metal indices gained the most among the sectoral indices, putting on 1.8% each, while Oil & Gas was the sole index to finish in red, down 0.2%. ACC and JP Associate surged 4.9% and 4.7% respectively, becoming the top gainers among the Sensex stocks, while NTPC and Reliance Ind lost 1.6% and 1.3% respectively. BSE advance-decline ratio stood at 2.8:1. |
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