The Sensex opened with a bang at a new all-time high of 15,941 - up 272 points from its previous close - on the back of positive global cues.
The US Fed, on Tuesday, cut its benchmark rate by 50 basis points, for the first time in four years, to 4.75%. A move that resulted in a strong rally across the globe.
The buying momentum was so strong that the Sensex soon crossed a new landmark of 16,000, and went on to extend gains as the day progressed. The index hit an all-time, intra-day high at 16,335 - up 666 points from the previous close.
The Sensex story: From 1k to 16k!
The Sensex finally ended with its biggest-ever single-day gain of 654 points at 16,323.
The Nifty gained 186 points to close at 4,732.
|
BIG GAINS | ||||
|
Date |
Prv Cls |
Close |
Net Chg |
% Chg |
|
15-Jun-06 |
8929.44 |
9545.06 |
615.62 |
6.89 |
|
19-Sep-07 |
15669.12 |
16322.75 |
653.63 |
4.17 |
|
09-Jun-06 |
9295.81 |
9810.46 |
514.65 |
5.54 |
|
08-Mar-07 |
12579.75 |
13049.35 |
469.60 |
3.73 |
|
30-Jun-06 |
10162.16 |
10609.25 |
447.09 |
4.40 |
|
12-Jan-07 |
13630.71 |
14056.53 |
425.82 |
3.12 |
|
27-Aug-07 |
14424.87 |
14842.38 |
417.51 |
2.89 |
|
02-Jun-06 |
10071.42 |
10451.33 |
379.91 |
3.77 |
|
08-Aug-07 |
14932.77 |
15307.98 |
375.21 |
2.51 |
|
18-May-04 |
4505.16 |
4877.02 |
371.86 |
8.25 |
|
03-Jan-00 |
5005.82 |
5375.11 |
369.29 |
7.38 |
The index took only 52 trading sessions to move from 15,000 to 16,000.
While the BSE Mid-cap index advanced nearly 2% to 7117, the Small-cap index added 1% to 8871.
The BSE Realty index surged 5.8% to 8465. The Bankex and Oil & Gas indices rallied nearly 5% each to 8691 and 8924, respectively.
The market breadth was positive - out of 2,850 stocks traded, 1,541 advanced, 1,233 declined and 76 were unchanged.
|
SENSEX ZOOMS PAST 16,000 | ||||
|
Landmark |
Strike Date |
No of Days |
Close |
Gain/Loss |
|
16,000 |
19-Sep-07 |
52 |
16,323 |
654 |
|
15,000 |
06-Jul-07 |
144 |
14,964 |
102 |
|
14,000 |
05-Dec-06 |
26 |
13,938 |
63 |
|
13,000 |
30-Oct-06 |
135 |
13,024 |
117 |
|
12,000 |
20-Apr-06 |
19 |
12,040 |
144 |
|
11,000 |
21-Mar-06 |
29 |
10,905 |
-36 |
|
10,000 |
06-Feb-06 |
48 |
9980 |
237 |
|
(Gain/Loss is the net change over previous day) | ||||
Big Movers
All the Sensex stocks ended with gains today.
HDFC [ Get Quote ] and HDFC Bank zoomed nearly 8% each to Rs 2,354 and Rs 1,326, respectively.
Bharti Airtel [ Get Quote ] soared 6.5% to Rs 886. ONGC [ Get Quote ] surged 6% to Rs 902, and Maruti [ Get Quote ] was up 5.8% at Rs 926.
Reliance rallied 5.5% to Rs 2,173. Reliance Communications [ Get Quote ] and ICICI Bank [ Get Quote ] gained 5% each at Rs 564 and Rs 970, respectively.
Tata Steel [ Get Quote ] and Bajaj Auto [ Get Quote ] moved up 4.7% each to Rs 745 and Rs 2,512, respectively.
While Mahindra & Mahindra and SBI [ Get Quote ] advanced 4.5% each to Rs 741 and Rs 1,770, respectively, Tata Motors [ Get Quote ] and ITC added 3.7% each to Rs 722 and Rs 187, respectively.
Hindalco [ Get Quote ] and Infosys [ Get Quote ] were up 3% each at Rs 159 and Rs 1,853, respectively. ACC surged 2.7% to Rs 1,153.
Most Active Counters
DLF topped the value chart with a turnover of Rs 255.70 crore followed by Reliance (Rs 227 crore), ICICI Bank (Rs 148.70 crore), Reliance Capital [ Get Quote ] (Rs 137.65 crore) and Renuka Sugar (Rs 127.80 crore).
IKF Technologies [ Get Quote ] led the volume chart with trades of around 1.85 crore followed by Ispat Industries [ Get Quote ] (1.82 crore), Balrampur Chini [ Get Quote ] (1.08 crore), IFCI (89.70 lakh) and Himachal Futuristic (87 lakh).
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