End Market Session

After a flat opening in the morning, the market had a smooth & healthy trading session through out the day. Heavy buying was happening during the whole session due to the wait and watch mood of the investors for the SEBI''s decision on participatory notes. Further the yesterday''s news that SEBI may allow investors that not regulated in their home countries, to register as foreign institutional investors if they disclose the nature of their funds and investments, kept the investor''s sentiment positive about today''s outcome of the meeting. Atlast, the benchmark index Sensex ended higher with the healthy gain of 257.98 points to close at 18,770.89, whereas Nifty also closed with a gain of 72.80 points to close at 5496.15. Further, BSE Midcap and BSE Smallcap also closed with good gain of 100.24 points and 124.70 points at 7,750.93 & 9,367.08 respectively.

BSE Metal stood as the start performer of the day as it closed with the highest gain of 651.58 points at 16,424.52. Scrips supported are, Tata Steel (8.03%), Jindal Steel (5.92%), Sterlite (4.96%), NALCO (4.95%), and Bhushan Steel by (3.12%).

Keeping behind the others, BSE Bankex stood at the second position with the gain of 258.44 points to close at 9,924.11. Scrips surged are ICICI Bank (4.44%), Bank of Baroda (4.03%), Canara Bank (3.07%), PNB (2.45%).

BSE Capital goods also followed the gaining rally to closed higher by 201.81 points at 17,314.13. Fueled it up are Areva with the highest gain of (11.03%), BEL (6.09%), Punj Lloyd (5.66%), Kirloskar Brothers (4.75%).

The PSU index also surged by 101.92 points to close at 8,878.54. Took it up are Chennai Petroleum (5.64%), Neyveli Light (4.98%), J&K Bank (3.88%).

Maytas Infra Ltd IPO, which debuted today on the BSE at a premium of 40.3% to the issue price of Rs.370, reached to the highest of Rs.637.70 and a lowest of Rs.480 during the session. Finally it ended its trading at Rs.614.30, up by Rs.244.30 from its issue price.