Sensex crosses 4600 mark

After witnessing smart rally in cement shares yesterday, it was the turn of aluminiums shares today. Indal, Hindalco and Madras Alumunium were in the limelight. Besides, select pharma and cement shares also gained smartly. The smart upsurge in Hindustan Lever largely contributed to the Sensex rise.

In the specified group, 23 scrips including key shares like Wartsila, Sterlite, Sun Pharma, BSES, Grasim, HDFC, Smithkl Pharma, Wockhardt and United Phosp hit the upper circuit breaker after exhausting the daily limit. Ranbaxy Lab clocked thehighest turnover of Rs 228.92 crore of the total volume of business of Rs 2169.38 crore. Ranbaxy advanced by Rs 12 to Rs 988. Telco gained up by Rs 14.40 to Rs 277.05, Pentafour Software by Rs 46 to Rs 665, ACC by a rupee to Rs 243, Zee Telefilms by Rs 74 to Rs 2572, Hindustan Lever by Rs 51.55 to Rs 2605.05, ITC by Rs 3 to Rs 954, TISCO by Rs 1.70 to Rs 138.95, SBI by Rs 1.90 to Rs 240.85 and Reliance by Rs 1.80 to Rs 172.50 on buying support.

Meanwhile on the NSE, share prices rallied further on the last day of the current settlement following increased buying by foreign institutional investors FIIs, pushing the Nifty further up by nearly 13 points. The market opened on an optimistic note and equities rallied further towards the fag end and registered smart gains. The Samp;P Cnx Nifty started higher at 1310.30 and rose further sharply to close at 1322.70, showing a smart rise of 12.80 over the last close of 1309.90.