Markets opened weak this morning but gained momentum in ealry noon session and maintaining its gain closed at days high led by index heavy-weights, amid positive global indicators. Sensex closed firm up by 181.58 points or 0.97% at 19,577.39 after opening marginally weak down by 43.33 points or 0.22% at 19,352.48 and touched a high of 19,598.43 and a low of 19,347.57 while Nifty closed up by 56.65 points or 0.97% at 5,898.85 after weak opening marginally down by 8.10 points or 0.14% at 5,834.10 and touched a high of 5,904.35 and a low of 5,822.20 for the day.
Sectoral wise, all sectors ended the day positively except for IT index which closed down by 1.60%. Topping the gainers list was Realty index which spurted up by 5.26% followed by indices were Power, Capital Goods and FMCG rose between 3%-2%, Metal, Auto, Oil & Gas, PSU, Healthcare and Consumer Durables gaine between 2%-1% while Bankex advanced up by 0.94%. From the Broader markets both the indices Mid-cap and Small-cap ended firm positive beating its benchmark index, Mid-cap and Small-cap index surged up by 1.81% and 1.95% respectively.
Major index stock gainers were, Maruti Suzuki spurted up by 4.37%, Sterlite Inds, Gail (India), L&T and SBI surged up between 4%-3%, Tata Motors, Jindal Steel, NTPC, Tata Power, BHEL, Tata Steel, RIL, Dr Reddys Lab, Hero MotoCorp and Hindalco Inds rose up between 3%-2%, Mahindra & Mahindra, HDFC, Cipla and Bharti Airtel gained between 2%-1%, ITC, Hindustan Unilever, Coal India and Wipro advanced up between 1%-0.40%, while Bajaj Auto gained marginally up by 0.29%.
Major index stock losers were, Infosys and TCS declined by 1.83% and 1.76%, ONGC and Sun Pharmaceuticals fell by 0.55% and 0.44%, HDFC Bank marginally down by 0.19% while ICICI Bank almost flat negative by 0.01%.
Indian factory activity remained weak in June as output contracted for the second month running and order books shrank for the first time in over four years. HSBC Manufacturing Purchasing Manager's Index (PMI) edged up to 50.3 in June 2013 from 50.1 in May 2013. The index, which gauges business activity in Indian factories but not its utilities, has been flirting with the 50 mark that separates growth from contraction for two months but has held above it for over four year.
Overall market breadth was firm positive with 1,611 shares advanced as compared to 768 shares declined while 127 shares remained unchanged.
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