MUMBAI, OCT 15: Snapping the three days long losing streak, the domestic markets ended the day stronger as a weak US data reduced the odds of the Federal Reserve raising rates this year, propelling the BSE Sensex again to the 27,000-level.
The S&P BSE Sensex, which resumed higher at 26,842.19, reclaimed its crucial psychological level of 27,000 and ended the day 230.48 points up at 27,010.14, while broader CNX Nifty quoted 8179.50, up 71.60 points.
Market sentiment remained positive with 21 of the 30 stocks ending the day in green.
Tata Motors was the top Sensex gainer and ended the day 8 per cent up after the auto major said its Jaguar Land Rover (JLR) sold 47,634 units globally in September, up 3 per cent compared to the same month last year.
The 30-share Sensex lost 300 points in last three days on disappointing second quarter earnings numbers of technology companies including TCS and Infosys.
The bearish mood turned for the better today on buying in auto, refinery, metal, capital goods and power sector stocks.
Major BSE gainers included BHEL 3.02 per cent, Tata Steel 2.94 per cent, GAIL 2.16 per cent, Coal India 2.14 per cent, ONGC 2.04 per cent, SBI 1.92 per cent and Lupin 1.84 per cent.
Among the BSE sectoral indices, auto rose by 2.33 per cent followed by oil&gas 1.51 per cent, metal 1.40 per cent, capital goods 1.92 per cent, power 1.18 per cent, bankex 0.89 per cent, realty 0.89 per cent and FMCG 0.52 per cent.
Broader markets too performed better with the BSE the mid-cap index rising 0.79 per cent and the small-cap gaining 0.48 per cent.
The market breadth continued to remain positive as 1,534 stocks ended in green, 1,191 fell while 147 ruled steady. The total turnover fell to Rs 2,851.62 crore from Rs 3,293.22 crore yesterday.
