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Sensex takes a new high

Source : SIFY
Last Updated: Wed, Dec 26, 2012 10:10 hrs
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The Indian stock market ended notably higher on Wednesday, due largely on some hectic short-covering ahead of F&O expiry.

The Sensex ended at 19,421.04 (provisional) with a gain of 165.95 points or 0.86%.

The Nifty closed at 5905.60, up 49.85 points or 0.85%.

Capital goods and bank stocks had a good session.

Realty, power, oil and pharma stocks also posted notable gains.

Metal stocks too found some support.

FMCG and automobile stocks ended on a mixed note.

Information technology stocks were mostly subdued.

While several midcap stocks ended with strong gains, smallcaps closed off their highs.

The market breadth was slightly positive.

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