Bull rally continues

Sensex Open:13716 High:13799 Low:13716

The market is on a roll in current trades. After resuming marginally higher, the Sensex touched an all-time high of 13799 on across-the-board buying support. Currently, the Sensex has advanced 76 points at 13780 while the Nifty has gained 18 points at 3969.

Among the sectoral indices the BSE Bankex has gained 0.88%, the BSE CD index has added 0.81% and the BSE Metal index has moved up by 0.98%. However the BSE Oil & Gas index has inched lower. The market breadth is firm, with 1,551 stocks advancing as against 837 stocks declining on the BSE.

Among the major gainers on the BSE, Arvind Mills has surged 7.91% at Rs54, Tata Elxsi has advanced 5.64% at Rs256, Pidilite has added 4.90% at Rs122, Hinduja TMT is up 4.61% at Rs598, Cromptom Greaves is stronger by 4.57% at Rs270 and Reliance Capital has soared 4% at Rs602. United Phosphorus, Kotak Bank, Jindal Saw and NTPC are up around 3% each.

SBI touched an all-time high of Rs1,273, and is presently up Rs15 at Rs1270. Over 1.50 lakh SBI shares have changed hands on the BSE.