Sensex crosses 21K mark

Our Bureau Updated - February 28, 2014 at 06:02 PM.

Markets closed on a strong note on Friday with the benchmark Sensex crossing the 21,000 mark to close at 21,120 up 133 points or 0.63 per cent on the back of support from healthcare and IT sector stocks and consistent foreign money inflows.The Nifty too closed at 6,277 up 38 points or 0.61 per cent

On the BSE, healthcare and IT index rallied the most to close up by 2.27 per cent and 1.44 per cent respectively. Consumer durables and FMCG sector indices however closed in the red by 0.67 per cent and 0.33 per cent respectively lower from their previous close on Friday.

Alex Mathews, Head Research, Geojit BNP Paribas Financial Services said: " Lack of domestic cues ruled the markets in the first half as the markets remained in a range. But it reversed smartly in the last hours and was trading well above its key resistance at 6165 ahead of the domestic economic data."

Volatility was up with the India VIX index closing at 14, up 1.59 per cent.

Hindalco, TCS, Lupin, Bhel and Tata Motors were the top five Nifty gainers while Maruti, NTPC, Reliance, Tata Steel and HDFC Bank were the top laggards.

Published on February 28, 2014 10:26