Sensex ends above 9100

Mumbai: The market witnessed a smart rally. The Sensex closed up 66.39 points or 0.73% at 9133.67. It touched an all-time high of 9175.60.

The Nifty closed up 19.75 points or 0.72 per cent at 2776.20. It touched an all-time high of 2789.35.

The CNX Midcap Index closed up 2.30 points or 0.06 per cent at 3931.35. It touched an all-time high of 3955.05.

The BSE Small Cap Index closed up 22.40 points at 5848.27. The BSE Midcap Index closed up 16.50 points at 4363.91.

The market breadth is negative, about 1189 shares advanced, 1255 shares declined, and 71 shares remained unchanged. The total market turnover was at Rs 27,958.21 crore (Rs 279.58 billion).

ONGC, Tata Motors, L&T, Tata Steel, ICICI Bank, Nalco and Sail were the biggest index gainers.

TCS, Reliance Energy, Bharti Tele, HLL, BHEL and Zee Tele were the biggest index losers.

Experts say that in an optimistic scenario the Sensex could be around 10400 levels next year.

FIIs were net sellers of Rs 63 crore (Rs 630 million) in F&O and Rs 130 crore (Rs 1.30 billion) in Nifty Options and Rs 134 crore (Rs 1.34 billion) in Stock Futures on December 9. They were net buyers of Rs 201 crore (Rs 2.01 billion) in Nifty Futures on December 9.

The BSE Metal Index outperformed the other indices. It closed up 1.96% at 6162.05 amid gains in JSW Steel, Nalco, Sail, Sterlite Industries, Tata Steel, Sesa Goa, Hindalco, Jindal Stainless and Jindal Steel.

Consumer Durables stocks like Whirlpool, Titan Industries, Blue Star and Samtel Color also moved up. The BSE Consumer Durables Index closed up 1.38 per cent at 3344.66.

Banking stocks including Bank of India, Union Bank, ICICI Bank, SBI, PNB, Canara Bank, Allahabad Bank, Andhra Bank and Bank of Baroda also witnessed buying interest. The BSE Bankex closed up 1% at 4903.25.

The BSE Oil & Gas Index closed up 0.87 per cent at 4289.78 due to gains in MRPL, ONGC, IOC, HPCL, Chennai Petroleum and Kochi Refineries.

Auto stocks including Tata Motors, Punjab Tractors, Sundram, Tube Investment, Bajaj Auto, Asahi India, Maruti Udyog, MRF and Amtek Auto also firmed up. The BSE Auto Index closed up 0.76 per cent at 4175.45.

Capital goods stocks like Lakshmi Machine, L&T, SKF India, Dredging Corporation, Carborundum, BEML, Greaves Cotton, Gammon India and Praj Industries also ended higher. The BSE Capital Goods Index closed up 0.62 per cent at 5671.47.

The BSE IT Index closed up 0.59 per cent at 3594.78 as technology stocks like HCL Info, Infosys, MphasiS BFL, HCL Tech and Flextronics also surged.

Pharma stocks including FDC, Orchid Chemical, Sun Pharma, Glenmark, Pfizer, Aventis Pharma, Cipla Apollo Hospital and Ranbaxy Labs also gained. The BSE Healthcare Index closed up 0.38 per cent at 3093.78.

Some FMCG, cement, hotel, paper, shipping, sugar and tea stocks also ended in the green.