Sensex Ends Above 17K on Global Cues; All Sectors Gain

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Today it was a good day of trade for the Indian stock market which opened gap up on global cues from the Europe then continued to surge. Both Asia and Europe traded with broad gains and this helped the Nifty close above the 5100 mark and SENSEX closed above 17000. In today's trade, telecom, realty and metals led the gains. Sensex ended at 17022, up 280 points and Nifty at 5110, up 90 points from the previous close. CNX Midcap index was up 1.6% and BSE Smallcap index was up 1.2%. The market breadth was positive with advances at 965 against declines of 310 on the NSE. Top Nifty gainers were RCom, Idea Cellular and Reliance Capital while losers included Hero Honda.

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