616 points: Sensex's biggest-ever gain

The markets saw a big reversal and shot up on account of heavy buying in scrips across sectors. The Sensex closed with a gain of 616 points. The Nifty closed with hefty gains of 166 points. It was the biggest ever intra day gain for the Nifty and the Sensex.

• The BSE Sensex closed at 9,545.06 up 615.62 points.
• The NSE Nifty closed at 2799 up 166 points.
• The BSE Small Cap Index closed at 5,054.29, up 221 points.
• The BSE Midcap Index ended at 3,924.57, up 203 points.
• About 1660 shares have advanced, 677 shares declined, and 43 shares are unchanged.
• All the BSE sectoral indices closed in green.

Among the top gainers are BHEL, Bajaj Auto, Grasim, L&T and MTNL.

Capital goods stocks like Alfa Laval, Carborundum, BHEL, BEML, Larsen, Siemens and Alstom Projects closed higher. The BSE Capital Goods Index ended up 10.3% at 6,365.554.

Technology stocks like Infosys, Wipro, I-Flex Solution, Mphasis and Satyam advanced.

The BSE IT Index gained 7.92% to end at 3,284.57.

Auto stocks like Bajaj Auto, TVS Motor, Hind Motors, Bharat Forge, Hero Honda and Escorts closed higher. The BSE Auto Index closed at 4,311.68, up 7%.

Metal stocks like Sesa Goa, Sterlite Ind, JindalStainless, JSW Steel, Jindal Steel and Jindal Saw also gained. The BSE Metal Index closed at 6,968.07, up 6.9%.

The BSE Consumer Durables Index rose 6.42% to close at 2,581.99 due to surge in Titan Industries, Su-Raj Diamonds, Whirlpool and BPL.

FMCG stocks like Tata Tea, Shaw Wallace, Dabur India, HLL, P&G and Nestle also ended in green. The BSE FMCG Index closed at 1,695.60, up 6.39%.

The BSE Bankex also finished rose 5.87% at 4,253.04 as buying was seen in Kotak Mahindra, HDFC Bank, IOB, ICICI Bank, Canara Bank and Andhra Bank.

The BSE Healthcare Index rose 4.93% at 2,967.14 amid buying in pharma stocks like Matrix Lab, Orchid Chemical, GlaxoSmithKline, Pfizer, Divis Labs and Nicholas Piramal.

Oil stocks including IOC, Petronet LNG, MRPL, HPCL and ONGC moved up. The BSE Oil & Gas Index ended at 4,626.37, up 4.77%.

The NSE cash turnover was at Rs 6201.96 crore and the NSE F&O turnover was at Rs 22642.27 crore. The BSE cash turnover was Rs 3002.83 crore. Total market wide turnover was at Rs 31847 crore versus Rs 32776.67 crore yesterday.

Market summary:

• Biggest ever single-day gain for Sensex, Nifty
• Sensex gains 615 points or 6.89% at 9545
• Nifty up 6.3% or 166 points at 2798
• All Sensex, Nifty stocks end in the green
• All BSE sectoral indices end in green; up over 4.5% each
• BSE Cap Goods Index up 10.3%; BHEL, BEML up over 13% each
• BSE IT Index up nearly 8%; Infosys up nearly 10%
• BSE Auto, Metal, FMCG Indices up over 6% each
• CNX Midcap Index up over 6%; BSE Small-cap Index up 4%
• Indiabulls up 20%, Rel Capital up 18%, Century Tex up 16.5%
• NSE Advance Decline ratio at 5:1
• Total Market Turnover at Rs 31847.06 cr Vs Rs 32776.67 cr a day ago

Sensex Rise and Fall: Complete Coverage

Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group

For more information about trading and markets log on to www.moneycontrol.com