Sensex sparkles 848 points, Nifty Tops 14923 Level; Banks stock shimmer

Indian capital market indices on Monday extended their morning gains and were up close to 2 percent. Broader markets also performed in line with the key indices.

At the closing the BSE barometer Sensex ended higher by 848 points, while NSE Nifty topped levels of 14923 .

Top gainers include IndusInd Bank, SBI, ICICI Bank, HDFC Bank and UPL, while losers include Cipla, Bharti Airtel,Larsen and Toubro and SBI Life.

Sectorally,, the major run up has been lent by the banking and financial stocks with Nifty private bank, gaining the most.  IndusInd Bank, up by 7%, RBL Bank up 4%, ICICI Bank rose 4.4% and HDFC Bank, Federal Bank, Axis Bank and IDFC First Bank also gaining more than 3 percent.

Other sectoral indices, namely Nifty auto, metal and realty also gained in a strong market with gains in the range of over 1 percent to more than 2 percent.

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