The 30-share BSE Sensex closed at 20528.59, up 255.68 points
from previous close while the Nifty touched 6100-mark during the day, before
closing with 75.25 points gains at 6096.20. For the week, both benchmarks
rallied more than 3 percent. Market valuations do not appear cheap at current
levels, feel experts, adding it may rally another 100-200 point on the Nifty
but then the correction may start.
BSE IT and Bank indices gained 3 percent each followed by
Capital Goods, Realty and Auto indices with 2-2.8 percent gains
ICICI Bank topped the buying list in the Sensex, surging 5
percent followed by HDFC Bank with 2.6 percent gains while their rival SBI rose
1 percent.
Tata Motors closed at record high of Rs 385, up 3.6 percent
on top of a 5 percent rally in previous session after its UK subsidiary JLR on
Thursday reported record sales numbers in September.
Among others, L&T surged more than 4 percent and Maruti
Suzuki advanced 3 percent whereas metals and power stocks were down on profit
booking. Index heavyweight ITC lost 1.4 percent.
Over the next week, IndusInd Bank , Reliance Industries , HDFC
Bank, TCS , Bajaj Auto , Axis Bank , HCL Technologies , L&T and UltraTech
Cement will declare their September quarter earnings.
Globally, Asian markets like Shanghai, Nikkei, Hang Seng and
Kospi rallied between 1-1.7 percent on hopes of possible deal to end the US
government shutdown and avoid debt default. European markets were trading
higher with marginal gains (at 16:30 hours IST).
BSE Top Gainers:
ICICI Bank, Infosys, Larsen, Tata Motors, Maruti Suzuki, HDFC Bank, TCS, Wipro, Hero Motocorp, GAIL,
SBI, Jindal Steel, ONGC, M&M, Reliance, HDFC, Dr Reddys Labs, HUL, Bharti Airtel, Bajaj Auto
SBI, Jindal Steel, ONGC, M&M, Reliance, HDFC, Dr Reddys Labs, HUL, Bharti Airtel, Bajaj Auto
BSE Top Losers:
Coal India, Tata Power, NTPC, Hindalco, Sun Pharma, Sesa Sterlite, ITC, Cipla, BHEL, Tata Steel,
NSE Top Gainers:
ICICI Bank, Bank of Baroda, Infosys, Larsen, Tata Motors, HCL Tech, DLF, HDFC Bank,
Axis Bank, IndusInd Bank, Maruti Suzuki, PNB, TCS, Wipro, Hero Motocorp, Ranbaxy Labs, GAIL, SBI, Asian Paints, Jindal Steel, ONGC, M&M, Bharti Airtel, HUL, Reliance,
HDFC, Dr Reddys Labs, IDFC
Axis Bank, IndusInd Bank, Maruti Suzuki, PNB, TCS, Wipro, Hero Motocorp, Ranbaxy Labs, GAIL, SBI, Asian Paints, Jindal Steel, ONGC, M&M, Bharti Airtel, HUL, Reliance,
HDFC, Dr Reddys Labs, IDFC
NSE Top Losers:
