Money on the markets
A maturing market amid the mayhem
The Sensex jumped 335 points on Thursday to cross the 10,000 mark, driven by strong global markets and short covering in monthly derivative contracts.
The Indian rally was led mostly by capital goods (up 5.4 percent), power (up 4.02 percent), metals (up 3.9 percent) and banking stocks (up 3.3 percent).
The top gainers included Tata Motors (up 7.9 percent), Tata Steel (up 5 percent), L&T (up 6.1 percent) and Reliance Industries (up 2.1 percent).
The Sensex ended 21.38 points down on Tuesday, erasing early gains of as much as 2.9 percent, as investors took profits after the market had risen more than 13 percent over the past two weeks.
Selling was seen in ONGC (down 2 percent), Reliance Communication (down 3.9 percent), Infosys (down nearly 1 percent) and Jaiprakash Associates (down 6.7 percent), while ICICI Bank, HDFC Bank and SBI were among the top gainers, rising 6.3 pct, 2.4 pct and 1.09 pct respectively.