The markets had an extremely good day with CRR, repo nad reverse repo rates remaing unchanged in the credit policy declared. The markets opened flat and were looking for some direction from the credit policy and ended with hefty gains with large volume. With rates unchanged interest rate sensitive stocks were among the top gainers. Bank stocks led the uptrend followed by auto, metal, telecom, media and oil & gas. However, languishing at the lower levels were technology stocks due to strengthening rupee. The midcap and smallcap ended higher but did not outperform the frontliners.

The Sensex stayed above 14,100 levels and the Nifty above 4,100 mark.

Sensex closed up 208.39 points or 1.50% at 14136.72, and the Nifty up 56.70 points or 1.39% at 4141.8.

About 1237 shares have advanced, 1267 shares declined, and 75 shares are unchanged.

SBI, Tata Steel, Bharti Airtel, Zee Entertain and PNB were among the top frontline gainers.

SBI, Tata Steel, Bharti Airtel, Zee Entertain and PNB were among the top frontline gainers.

The BSE Midcap Index ended at 5,745.34 up 42.9 points or 0.75%.

The BSE Smallcap Index ended at 7,003.63 up 32.7 points or 0.47%.

The BSE Bankex was up 4.06% at 7,161.40. Canara Bank, Oriental Bank, Bank of India, PNB, SBI, Bank of Baroda, IOB moved upwards.

The BSE Capital Goods Index was up 0.2% at 9,794.62. Siemens, Aban Offshore, SKF India, ABB, HEG closed higher.

The BSE Health Care Index was up 0.7% at 3,766.90. Lupin, Cipla, Ranbaxy Labs, Aventis Pharma, Wyeth closed higher.

The BSE Auto Index closed at 4,882.03 up 1.65%. Maruti Udyog, Tata Motors, Apollo Tyres, Mah and Mah, Bajaj Auto, Cummins surged.

The BSE Metal Index closed at 10,043.87 up 1.5%. JindalStainless, Mah Seamless, Tata Steel, Welspun Guj, Sterlite Ind advanced higher.

The BSE FMCG Index gained 0.6% at 1,792.53. HLL, Dabur India, Shaw Wallace, Britannia closed higher.

BSE Oil and Gas Index closed higher at 7,203.64 up 1.4%. GAIL, Reliance, ONGC, Chennai Petro ended in green.

The BSE IT Index lost 0.7% at 5,027.29. Wipro, Satyam, HCL Tech, Infosys, TCS closed higher.

The NSE cash turnover was at Rs 10884.86 crore and the NSE F&O turnover was at Rs 50866.94 crore. The BSE cash turnover was Rs 5100.07 crore. Total market wide turnover was at Rs 66851.87 crore.

Markets Today

• Markets rally as RBI keeps rate unchanged
• Bank and real estate stocks amongst biggest gainer
• Sensex ends 1.5% higher at 14136, Nifty up 1.4% at 4141.8
• BSE Bank index up 4.6%, SBI & PNB biggest index gainers, up nearly 7%
• Among PSU bank, Indian Bank gained nearly 10%, BoI up 7.3% at Rs 197
• Auto, metals and oil & gas index gain over 1% each
• Maruti surge of strong Q4 numbers, stocks up 3.8% at Rs 796
• Real estate stocks surge on favorable credit policy, Unitech and Parshvnath up over 8%
• Sesa Goa ends 2.5% lower, Vedanta buys majority stake at Rs 2036/sh
• MTNL down nearly 6% on disappointing Q4
• ADV/DEC ratio at 1:1
• Total market turnover at Rs 66,851cr Vs 45,203 cr