Indices up 1.5%, BPCL up 12.4% on stake sale news, ONGC up 5.8%, Infratel, Gail Up, Britannia, Hindalco Down

Final hour markets staged a remarkable rally and both Sensex and Nifty closed with 1.5% gains. BPCL up 12.4% after reports about many world oil majors showed interest in its stake sale. Ongc up 5.8%. Infratel and Gail also up more than 4%. Britannia, Hindalco, Nestle and TCS down more than 1%.

Gainers : BPCL (12.4%), ONGC (5.8%), INFRATEL (4.3%), GAIL (4.1%), RELIANCE (3.9%), COALINDIA (3.8%), HDFCBANK (3.8%), TITAN (3.7%), BAJFINANCE (3.4%), TATAMOTORS (3.3%), IOC (3.2%), M&M (2.9%), ICICIBANK (2.9%), SHREECEM (2.7%), TATASTEEL (2.7%)

Losers : BRITANNIA (-1.9%), HINDALCO (-1.9%), NESTLEIND (-1.5%), TCS (-1.2%), DRREDDY (-0.8%), INFY (-0.6%), HCLTECH (-0.5%), WIPRO (-0.1%), ZEEL (0.0%)

Major volume gainers are BPCL (524.7%), BRITANNIA (394.1%), HCLTECH (376.7%), IOC (144.6%), INFY (137.6%), CIPLA (101.8%), JSWSTEEL (85.0%), INFRATEL (63.7%), TATASTEEL (60.0%), WIPRO (44.6%), TCS (15.9%), RELIANCE (14.5%), M&M (14.3%), ONGC (12.5%) etc with more volumes compared to their 2 months average volume.

Major Recoveries Today : BPCL (13.0%), ONGC (5.6%), HDFCBANK (4.3%), RELIANCE (4.2%), TITAN (4.2%), IOC (3.9%), M&M (3.9%), GAIL (3.8%), INFRATEL (3.8%), COALINDIA (3.5%), BAJFINANCE (3.4%), SHREECEM (3.3%), TATAMOTORS (3.0%), CIPLA (2.7%), ICICIBANK (2.6%)

Major Drops Today : BRITANNIA (-4.1%), HINDALCO (-3.8%), HCLTECH (-3.2%), JSWSTEEL (-2.6%), NESTLEIND (-2.2%), TATASTEEL (-1.7%), TCS (-1.6%), INFY (-1.6%), ADANIPORTS (-1.5%), ZEEL (-1.5%), VEDL (-1.4%), EICHERMOT (-1.3%), INFRATEL (-1.3%), CIPLA (-1.3%), GAIL (-1.2%)

It was a good day for Indian markets as it closed with 1.5% gains when Asia closed without any major gains and now Europe also trading without much gain.