<p>Indian indices hit all time highs despite the U S Federal Reserve’s decision to put an end to the quantitative easing programme. <br /><br /></p>.<p>While the Sensex ended 248 points higher at 27,346.33, the Nifty ended points higher at 8,169.20 after hitting an all-time intra-day high of 8,181.55 during the day.<br /><br />DLF was the top gainer among index stocks ending up more than 5 per cent after the govt approved Foreign Direct Investment in construction. Other gainers in the real estate space included Unitech, HDIL, Indiabull Real Estate and JP Infratech. <br /><br />Banking shares were also in the limelight as ICICI Bank and Yes Bank did not disappoint on the earnings front. Yes Bank rallied nearly 4 per cent to close at Rs 662.60. ICICI Bank ended marginally higher (up 0.5 per cent) at Rs 1611.50.<br /><br />Energy index ended up over 1.5 per cent supported by Reliance Industries which gained 2.91 per cent. <br /><br />Gail India was another major gainer in this sector gaining 1.75 per cent. Cairn India was a major loser among energy stocks, ending down nearly 1.3 per cent at Rs 282 after continuous fall in crude oil prices. The counter had been witnessing a rise for the past 2 days.<br /><br />According to market experts, investors should exercise a bit of caution at the current levels as upside could be limited. <br /><br />“India VIX rose around 2 per cent in the trading session today which suggest the upside could be limited. European markets were seen trading in the red and Investors are likely to keep a close eye on US markets as well” , Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities said.<br /></p>
<p>Indian indices hit all time highs despite the U S Federal Reserve’s decision to put an end to the quantitative easing programme. <br /><br /></p>.<p>While the Sensex ended 248 points higher at 27,346.33, the Nifty ended points higher at 8,169.20 after hitting an all-time intra-day high of 8,181.55 during the day.<br /><br />DLF was the top gainer among index stocks ending up more than 5 per cent after the govt approved Foreign Direct Investment in construction. Other gainers in the real estate space included Unitech, HDIL, Indiabull Real Estate and JP Infratech. <br /><br />Banking shares were also in the limelight as ICICI Bank and Yes Bank did not disappoint on the earnings front. Yes Bank rallied nearly 4 per cent to close at Rs 662.60. ICICI Bank ended marginally higher (up 0.5 per cent) at Rs 1611.50.<br /><br />Energy index ended up over 1.5 per cent supported by Reliance Industries which gained 2.91 per cent. <br /><br />Gail India was another major gainer in this sector gaining 1.75 per cent. Cairn India was a major loser among energy stocks, ending down nearly 1.3 per cent at Rs 282 after continuous fall in crude oil prices. The counter had been witnessing a rise for the past 2 days.<br /><br />According to market experts, investors should exercise a bit of caution at the current levels as upside could be limited. <br /><br />“India VIX rose around 2 per cent in the trading session today which suggest the upside could be limited. European markets were seen trading in the red and Investors are likely to keep a close eye on US markets as well” , Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities said.<br /></p>
