Monday, February 14, 2011

SENSEX RISES MOST IN 4 MONTHS

On this valentine there was a good news for Indian people those who use to invest in Indian market.The Sensex rose 473 points to 18,202 and the Nifty advanced 146 points to 5,456 and this was the best result  since October 13, 2010.
All sectoral indices closed higher. The capital goods index surged 5.26 per cent mainly on account of L&T that rose 6.7 percent. Tata Motors finished 5.6 per cent higher on the back of better than expected quarterly results. That sent the auto index soaring 3.79 per cent.Banking, metals and power stocks also gained 3-4 per cent. Realty and IT stocks rose 2-3 per cent. Oil and gas stocks advanced close to 1 per cent.On the Sensex, 29 out of 30 stocks closed higher. DLF was the only loser. Jaiprakash Associates was the top gainer, rising 6.79 per cent.