Jan 18: Sales Traders Commentary : Edelweiss,

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Sales Traders Commentary On Tuesday, Indian equity benchmarks closed higher on back of positive global cues. Both Sensex and Nifty gained more than 1.70% each and the latter closed above 4950. Buying was seen across sectors; major gainers were capital goods, metal, realty, oil&gas, auto and power stocks, which gained more than 2% each. Sensex closed at 16466, up 277 points. The Nifty jumped 94 points to end the day at 4967. Major gainers were Maruti Suzuki India (10.48%), Hindalco Industries (6.04%), Larsen & Toubro (5.23%), Tata Steel (5.00%), Reliance Industries (3.78%), and NTPC (3.21%). Major losers were Tata Power Company (0.82%), I C I C I Bank (0.75%), G A I L (India) (0.44%), I T C (0.38%), Tata Consultancy Services (0.28%), and Housing Development Finance Corporation (0.12%). The Capital Goods index was gained 3.73%. Major gainers were A I A Engineering (2.82%), A B B (2.64%), BEML (1.97%), Alstom Projects India (1.74%) and Bharat Electronics (0.45%). The Metal index was jumped 3.66%. Major gainers were Hindalco Industries (6.04%), Coal India (3.17%), Hindustan Zinc (2.88%), Jindal Steel & Power (2.25%) and Bhushan Steel (0.76). The Realty index was up 3.46%. Major gainers were Oberoi Realty (8.36%), Housing Development and Infrastructure (7.28%), D B Realty (5.22%), D L F (2.32%) and Anant Raj Industries (1.98%). Major gainers in the mid–cap space were Aban Offshore (3.21%), A B G Shipyard (2.98%), A I A Engineering (2.82%), Alstom Projects India (1.74%) and CORE Education and Technologies (0.66%). Major gainers among small caps were Action Construction Equipment (3.43%), Provogue (India) (1.19%), A2Z Maintenance & Engineering Services (1.13%), A B G Infralogistics (1.01%) and INEOS ABS (India) (0.02%). Globally, Asian indices ended on a higher note while European indices were trading in the green.