Markets end strong: Nifty above 4,000

Mumbai: The markets ended higher on the first working day of the year on account of reasonably good buying interest by mutual funds and retail investors shown in scrips across sectors. Auto and IT stocks led the rally. The Sensex closed up 155.33 points at 13942.24, and the Nifty up 41.00 points at 4,007.4.

The BSE Midcap Index ended at 5,871.53 up 66 points or 1.14 per cent.

The BSE Bankex was up 0.5 per cent at 7,120.43. IOB, Federal Bank, Bank of Baroda, PNB, ICICI Bank moved upwards.

The BSE Capital Goods Index was up 1.2 per cent at 9,195.71. Aban Offshore, Praj Industries, BEML, Carborundum, KEC Infrastruct closed higher.

The BSE Health Care Index was up 0.7 per cent at 3,819.99. Sterling Bio, Aventis Pharma, Orchid Chemical, Aurobindo Pharm, Matrix, Novartis India closed higher.

The BSE Oil and Gas Index gained 1 per cent to close at 6,239.58. Petronet LNG, Reliance, Chennai Petro, ONGC, GAIL ended in green.

The BSE Auto Index closed at 5,696.04 up 3.2 per cent. M&M, Maruti Udyog, Bajaj Auto, Tata Motors and Hero Honda surged.

The BSE Metal Index was up 0.9 per cent to close at 9,122.01. Guj NRE Coke, Sterlite Ind, JSW Steel, Mah Seamless, Hindalco advanced higher.

The BSE FMCG Index gained 0.3 per cent at 1,940.80. Shaw Wallace, Nestle, Colgate, United Spirits, Nirma closed in green.

The BSE IT Index gained 1.8 per cent at 5,369.04. Satyam, TCS, Moser Baer, Infosys advanced.

The NSE cash turnover was at Rs 5927.16 crore and the NSE F&O turnover was at Rs 19957.26 crore. The BSE cash turnover was Rs 3372.16 crore. Total market wide turnover was at Rs 29256.58 crore.

Markets Today

• Markets end firm led by auto stocks
• Sensex up 155.33 points at 13,942.24
• Nifty ends over 4,000; up 40 points at 4,006.45
• Auto stocks hog the limelight on back of strong auto numbers
• BSE Auto Index up 3.22 per cent; Bajaj Auto up 4.6 per cent, M&M up 5 per cent, Maruti up 4.24 per cent
• Tata Mot up 3.2 per cent, Hero Honda up 2.9 per cent
• BSE IT Index up 1.83 per cent ahead of tech result
• Satyam up 5 per cent, TCS up 2.5 per cent, Infosys up 1.4 per cent
• Telecom stocks gain; VSNL up 4.6 per cent, MTNL up 2.7 per cent
• CNX Midcap Index down 0.50 per cent; India bulls trades post de-merger
• Post Demerger; Indiabulls closes at Rs 305.45 Vs listing price of Rs 198 on NSE
• BSE Small-Cap Index up 1.62 per cent; IFCI up 11.6 per cent on induction of strategic partner news
• KRBL, Heritage Foods up 10 per cent each
• Total market turnover at Rs 29,256.58 crore

With inputs from moneycontrol.com