Indian equity markets started the week on a cheerful note after last week washout amid firming global trend, especially in Asian and European markets. The broad-based index Nifty rose by 99.60 points and closed at 6083.15 up 1.66%, while Sensex, zooming over 300 points wrapped up the session above the crucial 20000 mark and closed at 20030.77 up same as Nifty 1.66%.
All-round buying was seen at Dalal Street and rally was led by momentum in Reliance Industries and Sun Pharma following positive reports. Market major and trend setter Reliance Industries rose the most in eight months by surging 5.12% to Rs 828.25 on reports that company discovered a new natural gas field in its biggest block in eastern coast. Sun Pharma gained over 4.6% on report of strong March quarter earnings.
All the sectoral indices ended the day in the green zone today; CNX Energy being the largest surging index by 2.82% followed by CNX Realty (1.86%) and CNX Metal (1.81%).
Market breadth remained positive today as 815 stocks rose against 473 declined while 75 remained unchanged.
Out of 50 stocks of Nifty index, 43 advanced and 7 declined.
Top Five Nifty gainers: IndusInd Bank led the Nifty Gainers list and registered 6.26% gain joined by Reliance Industries (5.12%), Sun Pharma (4.45%), Jindal Steel (3.98%) and Bharti Airtel (3.85%).
Top Five Nifty Losers: Cipla was the biggest loser today and fell by -1.90% followed by Maruti (-1.78%), Lupin (-1.68%), M&M (-1.66%) and Bank of Baroda (-1.63%).
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