Indian equities ended on a buoyant note with Sensex and Nifty regaining their 27,000 and 8,000 mark respectively on Thursday after the US Federal Reserve maintained zero interest rates stance. At the close, the benchmark 30-share index, BSE Sensex added 480.92 points or 1.81% at 27,112.21 with 27 components registering rise. Meanwhile, the broad based NSE Nifty went up by 139.25 points or 1.75% at 8,114.75 with 48 components registering rise.
The Realty stocks gained the most, followed by consumer Durables, capital goods and auto. The BSE Mid and small caps outperformed their larger counterparts gaining 1.83% and 2.69% respectively. Market breadth was positive with 2,254 advances against 858 declines.
Biggest gainers in the 30-share index were Hero Motocorp, Housing Development Finance Corporation, Tata Motors, Larsen & Toubro and Bharat Heavy Electricals. On the other hand, Infosys and Hindustan Unilever were the major losers in the Sensex.
Commenting on the markets, Devang Mehta, Sr. VP & Head - Equity Advisory, Anand Rathi Financial Services said, 'The structural bull run in the Indian equities resumed once again after a brief round of consolidation & correction. Markets came back roaring as the major global hangover in terms of short term sentiment dictator was out of the way. Participants were truly excited by the prospects of huge investments by China in India's infrastructure, railway & manufacturing projects. We have been continuously maintaining that one need to keep the faith & all major dips should be utilized as an opportunity to buy & accumulate good quality stocks.'