Sensex hits 26000, Nifty rises 1%; banks outperform -- 16 Sep 2015

Bankex outperforms with a gain of 1.5 percent from previous close. Bharti Airtel, Hero MotoCorp, Axis Bank, Vedanta and Bajaj Auto are top gainers while BHEL, HUL and Dr Reddy's labs are down.

                         

The market is surging ahead as world patiently waits for Federal Reserve monetary policy decision on interest rates. The Sensex hit 26000 and is now up 292.19 points or 1.1 percent at 25998.12. The Nifty is up 81.70 points or 1 percent at 7910.80. About 1291 shares have advanced, 1061 shares declined, and 110 shares are unchanged. Bankex outperforms with a gain of 1.5 percent from previous close. Bharti Airtel, Hero MotoCorp, Axis Bank, Vedanta and Bajaj Auto are top gainers while BHEL, HUL and Dr Reddy's labs are down.Bankex outperforms with a gain of 1.5 percent from previous close. Bharti Airtel, Hero MotoCorp, Axis Bank, Vedanta and Bajaj Auto are top gainers while BHEL, HUL and Dr Reddy's labs are down Tracking a firm trend in Asia, crude oil futures prices rose Rs 36 to Rs 3,039 per barrel today as speculators widened positions. Marketmen said the rise in crude oil futures was largely in tune with a firm trend in Asian trade as the market awaits a Fed decision on interest rates and stockpile data from the United States.


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