Markets End In Green Above The 18K Mark

The Indian markets after trading in the negative territory in most part of the day bounced in the later hours of trade to give a closing on the positive note above the 18000 mark. All the broader indices and most of the sectoral indices closed the day on a positive note with the only exception being the IT index to close the day flat on a negative note. The main gainers for the day are Consumer Durables, Metal and Auto indices which ends the day on a positive note gaining more than one percentage points. The Sensex closed the day in green gaining 135.92 points or 0.76 percentage points to close at 18,113.15. Nifty ends the day at 5441.95 gaining 42.60 points or 0.79 percentage points. Market breadth was positive with 1,546 advances against 1,362 declines on BSE. On the global front, European stocks gained as reports showed unexpected growth in the region’s manufacturing and U.K. retail sales, easing concern that the economic recovery may be faltering. U.S. index futures climbed.