Extending the rally to a third straight day, Sensex closed at 14,625.25 after gaining 2.30 per cent or 297 points, while Nifty turned in a gain of 2.58 per cent or 109 points to close the day at 4,448.95.
The rally was extended all over stock markets and the recent movers and shakers, BSE SmallCap and BSE MidCap, delivered a 3.01 % and 2.46 per cent gains for the day from its previous close.
With firm global cues market sentiments, Sensex started the day with a gap-up opening, while good news back home boosted the bulls further. The better-than-expected Gross Domestic Product numbers drove the Sensex to touch an intra-day high of 14,727.28 per cent.
India’s GDP growth for the January-March 2009 quarter was 5.8 per cent ahead of the market expectations of 5.2 per cent, even though for the entire fiscal, the gain was by 6.7 per cent, a drop form the highs of 9 per cent in previous fiscal.
All sector indices except for BSE Healthcare closed in the positive territory. BSE Healthcare was down by 1.36 per cent. Among the gainers, leading the pack was BSE Realty at 6.76 per cent, followed by BSE CG at 4.13 per cent, BSE Consumer Durable at 3.55 per cent, BSE Auto at 3.41 per cent, BSE Oil & Gas at 3.31 per cent, BSE PSU at 3.30 per cent, BSE Metals at 3.11 per cent.
Among the Sensex stocks just four stocks were in negative zone - Sun Pharmaceutical at -8.24 per cent, Grasim Industries at -3.59 per cent, Tata Power -2.47 per cent, ITC at 0.05 per cent.
While on the other side, ACC with 8.56 per cent was the leader in gains, DLF chalked up 8.41 per cent gains and Jai Prakash Associates returned 8.21 per cent gains.
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