Mumbai, Oct 1 (IANS) A benchmark index of Indian equities Friday rallied 375 points on the first day of the October futures series with buying activity evenly spread across scrips of all sizes.
Realty, metal, consumer durable and IT stocks saw bulk of the buying. All 13 sectorals on the the Bombay Stock Exchange (BSE) were in the green.
The BSE’s 30-share sensitive index (Sensex) which opened at 20,094.1 points, closed at 20,445.04 points, up 375.92 points or 1.87 percent, from its previous close at 20,069.12 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty ended at 6,143.4 points, up 1.88 percent.
Broader markets also ended with gains. The BSE midcap closed 1.6 percent higher and the smallcap index 1.54 percent up.
The market breadth was positive with 1,993 scrips advancing, compared to 984 stocks declining and 122 remaining unchanged.
The major gainers on the Sensex were HDFC, up 5.13 percent at Rs.175.35; BHEL, up 4.29 percent at Rs.2,590.10; TCS, up 4.08 percent at Rs.960.20 and Hindalco Industries, up 3.81 percent at Rs.204.25.
There were only two losers: Hero Honda, down 0.43 percent at Rs.1,8423.85 and Bharti Airtel, down 0.2 percent at Rs.365.15.
Major markets in Asia were closed on account of holidays.
The Japan’s Nikkei moved up 0.37 percent to close at 9,404.23 points.
The European bourses rose as traders shrugged off weak retail figures from Germany, which signified weak consumer confidence data, and instead took hope in robust Chinese manufacturing data.
At closing bell here, the FTSE 100 was trading at 5,600.21 points, down 0.93 percent.
The German DAX was ruling 0.62 percent lower at 6,267.81 points and the French CAC 40 was trading at 3,718.12 points, almost unchanged from its previous close.
