Sensex jumped 463 points to 61112

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Mumbai: Today Nifty again crossed 18000 level and Sensex crossed 61000 level again as Foreign Portfolio Investors (FPIs), FIIs started buying again in the Indian stock markets. On the final day of the week, small, mid-cap stocks led by aggressive buying by index-based funds in capital goods, power, IT-software services, technology stocks as well as healthcare, auto stocks. With the corporate results season, companies are announcing higher dividends to shareholders and share buybacks, there is a broad buying trend in stocks. Along with foreign funds, local funds were also net buyers in the stocks. On the global front, US stock markets rallied yesterday, with signs of focus on economic growth, economic reforms, and recovery in Europe, America, improving sentiments in global markets, boosting the local markets. International prices of crude oil rose again this evening with Brent crude at $78.96 and Nymax-New York crude at $75.01. The Sensex jumped 463.06 points to 61112.44 and the Nifty spot rose 149.95 points to close at 18065.

Buyback in Wipro boosted interest

In the IT-software services, technology stocks today, the results of companies including Coforge, along with the announcement of buyback of Rs 12,000 crore shares in Wipro Ltd at Rs 445 per share saw massive buying by funds. Wipro rose by Rs.10.80 to Rs.385.15, Coforge's revenue crossed the $1 billion mark, shares rose by Rs.119.35 to Rs.4169.75, LTI Mindtree rose by Rs.99 to Rs.4419.30, Datamatics Global rose by Rs.29. .55 up to Rs.345.20, Cybertech up by Rs.7.33 to Rs.126.80, D-Link India up by Rs.13.45 to Rs.273, Sasken Tech up by Rs.33.65 to Rs.899.80, Persistent rose by Rs.138.05 to Rs.4722, Tech Mahindra rose by Rs.19.55 to Rs.1023.75 despite weak results, Oracle Finserv rose by Rs.66.85 to Rs.3563.85, L&T Technology rose by Rs.45. 50 increased to Rs.3774.85, TCS increased by Rs.28.90 to Rs.3216, Tata Alexi increased by Rs.59.85 to Rs.6641.45. The BSE IT index rose 284.02 points to close at 27503.49.

Sustained rally in auto stocks

Stocks of automobile companies continued to attract funds. Overall good results of companies in the March quarter, along with overall low crude oil prices and encouraging data on vehicle purchases, were buying in stocks. Ashok Leyland rose by Rs.3.80 to Rs.145.95, Tube Investment rose by Rs.50.80 to Rs.2580.05, Hero Motocorp rose by Rs.45.80 to Rs.2555.25, MRF rose by Rs.1567.65 to Rs. .88,964, Bosch rose by Rs.233.15 to Rs.19,339.75, Tata Motors rose by Rs.3.65 to Rs.485.15, Maruti Suzuki rose by Rs.48.15 to Rs.8589.90, Bajaj Auto It increased by Rs.22.15 to Rs.4429.45.

Purchase of Rs.3304 Crores in Khainj/Khainain Cash

Foreign Portfolio Investors-FPIs, Foreign Institutional Investors-FIIs made a net purchase of Rs.3304.32 crore worth of shares in the cash segment today-Friday. A total of Rs.10,272.97 crore was sold against a total purchase of Rs.13,577.29 crore. While DII-domestic institutional investors made a net purchase of Rs.264.27 crore. A total of Rs.6054.94 crore was sold against a total purchase of Rs.6319.21 crore.

Investors' wealth increased by Rs.1.77 lakh crore

In the stocks today, at the end of the week, with the group buying small, mid-cap, cash stocks, the wealth of investors means the aggregate market capitalization of companies listed in BSE has increased by Rs. 1.77 lakh crore to Rs. 271.82 lakh crore in a day.


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