On the back of better-than-expected GDP numbers, the Sens*x adds 329 points amid buying in heavyweight, reality and capital goods stocks.
The Sens*x continued to move up for the third consecutive day buoyed by higher-than-expected GDP readings. With today's rise the Sens*x has added more than 1,000 points to its kitty(329 points today, 186 points yesterday and 520 points daybefore yesterday). At starting bell, the index was above 14400. The gains continued on buying in heavyweights and the index spurted to touch the high of 14727 towards the close. However, at the end it pared some of the gains on selling in heavyweights to test 14600 towards the days close. Still the Sens*x ended 329 points higher at 14625 and Nifty gained 112 points to close at 4449.
Market breadth was heavily tipped in favour of advancing stocks. Of the 2,852 stocks traded on the BSE, where 2,147 stocks advanced, only 649 stocks declined. Fifty six stocks ended unchanged. Of the 13 sectoral indices, BSE Reality surged 6.76% to 3820 followed by BSE CG (up 4.13% to 11921) and BSE CD (up 3.55% to 2758). The remaining indices also ended higher except the BSE HC index, which was lower for the day.
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