<p>They even edged higher to attain 11-1/2 week closing highs, while the broader indices outperformed benchmarks quite nicely on hopes that a much-awaited summit of euro-zone leaders will present a convincing plan to handle the 2-year old euro-zone debt crisis.<br /><br />The popular Sensex at BSE Sensex rose just 33.97 points, to close at 17,288.83, while the 50-share NSE Nifty closed above the 5,200 mark for the first time since August 5, which gained 10.20 points, to end at 5,201.80. Broader markets outperformed the benchmark this day with BSE mid-cap index made a gain of One (1) per cent to 6,182 points while BSE <br />Small-cap index moved up 1.4 per cent to 6,899 points.<br /><br />The market breadth was strong. Index heavyweight Reliance Industries (RIL) reversed initial gains. Another index heavyweight ICICI Bank fell. IT stocks edged lower. Two-wheeler major Bajaj Auto hit a record high. Metal shares were mixed. Sesa Goa fell on poor Q2 results.<br />Interest rate sensitive realty and banking stocks rose after RBI hinted that a pause in interest rate hikes is likely at its December 2011 policy meeting. Cigarette major ITC hit record high. <br /><br />Trading for Samvat year 2068 commenced on a positive note, with the key benchmark indices hitting 11-1/2-week highs. The market trimmed gains later. A special Muhurat trading session was held from 16:45 IST to 18:00 IST this day to mark the beginning of a new year Samvat year 2068. For the trading communities especially of the north, the new financial year begins with Diwali, the festival of lights. The market remains closed on October 27, on account of Diwali, the biggest festival in India.<br /></p>
<p>They even edged higher to attain 11-1/2 week closing highs, while the broader indices outperformed benchmarks quite nicely on hopes that a much-awaited summit of euro-zone leaders will present a convincing plan to handle the 2-year old euro-zone debt crisis.<br /><br />The popular Sensex at BSE Sensex rose just 33.97 points, to close at 17,288.83, while the 50-share NSE Nifty closed above the 5,200 mark for the first time since August 5, which gained 10.20 points, to end at 5,201.80. Broader markets outperformed the benchmark this day with BSE mid-cap index made a gain of One (1) per cent to 6,182 points while BSE <br />Small-cap index moved up 1.4 per cent to 6,899 points.<br /><br />The market breadth was strong. Index heavyweight Reliance Industries (RIL) reversed initial gains. Another index heavyweight ICICI Bank fell. IT stocks edged lower. Two-wheeler major Bajaj Auto hit a record high. Metal shares were mixed. Sesa Goa fell on poor Q2 results.<br />Interest rate sensitive realty and banking stocks rose after RBI hinted that a pause in interest rate hikes is likely at its December 2011 policy meeting. Cigarette major ITC hit record high. <br /><br />Trading for Samvat year 2068 commenced on a positive note, with the key benchmark indices hitting 11-1/2-week highs. The market trimmed gains later. A special Muhurat trading session was held from 16:45 IST to 18:00 IST this day to mark the beginning of a new year Samvat year 2068. For the trading communities especially of the north, the new financial year begins with Diwali, the festival of lights. The market remains closed on October 27, on account of Diwali, the biggest festival in India.<br /></p>
