Mkts stable: Sensex closes above 10k

Mumbai: The markets closed near its day's high, the rally picked up momentum during the final hours of trade.

The BSE Sensex closed above the 10,000 level with gain of over 218 points and the Nifty closed with a gain of 62 points.

The Sensex finally closed at 10,040.14 up 217.62 points.

The NSE Nifty closed at 2923 up 62 points.

The BSE Small Cap Index closed at 5,323.89, up 210.23 points.

The BSE Midcap Index ended at 4,323.64, up 111.95 points.

About 2015 shares have advanced, 349 shares declined, and 46 shares are unchanged.

The global cues were not very positive, the Asian markets ended flat and the European markets opened in the red.

The major gainers on the indices were Dr Reddys Labs, Bharti Airtel, Wipro, Reliance, HCL Tech and Jet Airways.

The BSE Oil and Gas Index rose 2.98 per cent at 4,889.37. Chennai Petro, Reliance, Petronet LNG, MRPL and ONGC advanced higher.

The BSE IT Index was up by 2.77 per cent at 3,503.16. HCL Tech, Wipro, HCL Info, Satyam and Infosys moved up.

The BSE FMCG Index was up 2.68 per cent at 1,840.89. McDowell, Shaw Wallace, ITC and P&G closed in green.

The BSE Metal index was up 2.5 per cent at 7,794.05. Sesa Goa, JSW Steel, JindalStainless, SAIL and Guj NRE Coke witnessed buying at the bourses.

The BSE Capital Goods Index moved up by 2.34 per cent at 6,636.55. BEML, Thermax, Alstom Projects, Carborundum, Ingersoll Randm, Aban LoydChiles and Praj Industries closed higher.

The BSE Health Care Index was up by 2.34 per cent at 3,145.32. Dr Reddys Labs, Glenmark, Biocon, Wockhardt, FDC and Sun Pharma were among the major gainers.

The BSE Consumer Durables Index gained 2.27 per cent at 2,763.00. Whirlpool, Su-Raj Diamonds, BPL, Titan Industries and Samtel Color inched up.

The BSE Bankex advanced 0.92 per cent at 4,305.68. IOB, Bank of India, Andhra Bank, PNB and Kotak Mahindra moved up.

The BSE Auto Index added 0.78 per cent at 4,531.40. Apollo Tyres, Escorts, Tube Investment, Sundram, MRF and Hind Motors closed in positive terrain.

The NSE cash turnover was at Rs 6030.16 crore and the NSE F&O turnover was at Rs 23252.40 crore. The BSE cash turnover was Rs 2817.31 crore. Total market wide turnover was at Rs 32099.87 crore versus Rs 32,526.64 on Tuesday.