Sensex ends 139 points higher; Nifty above 5600

It was second straight day gain for markets, with the Sensex closing 139 points up and the Nifty up by 43 points
Headlines for the day
Kingfisher Airlines tumbles on flight cancellations
RIL rises on likely petrochemicals JV announcement
BHEL surges as cabinet plans to approve 19% import duty
ONGC rises as foreign investors may buy 5% stake
Jan consumer price inflation at 7.65%




Indian indices
The sentiment improved after Eurozone finance ministers reached an agreement on a second bailout for Greece worth 130 billion euros. Consistent buying in realty, consumer durables, oil & gas, power, capital goods, banking and metal stocks led the markets higher. However, IT stocks were under pressure.
Major heavyweight supporters — RIL, ONGC, Bharti Airtel, BHEL, ICICI Bank, SBI, ITC, Hindalco and Tata Steel. The Nifty closed above the 5600 level for the first time since July 25, 2011.
Sensex movement: The Sensex opened the session up by 14 points at 18304 as compared with its previous close of 18289. The index remained positive amid rangebound trade as the session progressed and hit an intraday high of 18471 in the mid-afternoon session. The Sensex closed 139 points higher at 18429 and the Nifty stood at 5607, up by 43 points.
Market sentiment:
The market breadth stood in favour of advances. Of the 3087 stocks traded on the BSE, 1674 (54.23%) rose, 1301 (42.14%) fell and 112 (3.63%) were unchanged.
Viewing volumes:
An integrated infrastructure development company — Lanco Infratech was traded the most, with over 1.54 crore shares changing hands on the BSE. Following that, wind turbine major – Suzlon Energy (0.88 crore shares), India's second largest developer - Unitech (0.84 crore shares), Industrial Finance Company - IFCI – (0.75 crore shares) and a company engaged in power generation and setting up of power projects – Adani Power (0.43 crore shares).
Sectoral & stock screening:
All the sectoral indices closed in positive except BSE IT down by 0.16%. Top Gainers: BSE Realty rose by 4.34%, BSE CD surged by 3.29% and BSE Oil & Gas up by 2.29%.
Among 'A' group stocks, top three gainers were- Unitech rose by 13.24%, Godrej Industries up by 11.54% and Adani Power surged by 8%. Top three losers were- Indiabulls Financial Services fell by 5.69%, Apollo Hospitals Enterprise down by 3.83%, and Sterlite Industries (India) declined by 3.46%.
Global indices:
The European shares slipped from near seven-month highs on Tuesday (February 21, 2012), with strategists saying the focus would now turn to the bleak outlook for Greece's economy after the country secured a second bailout and averted a messy default.
The Asian markets closed mostly higher on Tuesday after European finance leaders sealed the deal for a massive new bailout package for Greece.
The US stock index futures pointed to a rise in the US equities on Tuesday.