The markets closed in green with hefty gains on the first day of the week. Nifty maintained its position well above the 5,000 mark. The cues were strong from Asian peers. All BSE indices closed in green. Buying support was seen from metal, telecom, capital goods, technology, power, realty, FMCG and banking stocks. Midcap and small cap stocks outperformed the frontline indices. Market breadth was positive in the favour of advances.

Top gainers were Tata Steel, JP Associates, Wipro, Suzlon Energy, Idea Cellular and SAIL while losers - BHEL and Sterlite Industries.

Sensex closed up 258.13 points or 1.57% at 16739.33, and the Nifty up 78.60 points or 1.59% at 5037.00.

About 2116 shares have advanced, 736 shares declined, and 224 shares are unchanged.

The BSE Midcap Index ended at 6,983.26 up 2.2%.

The BSE Smallcap Index ended at 8,752.83 up 2.6%.

The BSE Bankex ended at 8,580.72 up 3.4%. Bank of India, Andhra Bank, Kotak Mahindra, Oriental Bank, Allahabad Bank moved upwards.

The BSE Capital Goods Index closed up 2% at 13,669.39. L&T, Astra Microwave, BEML, Crompton Greave, Thermax, Greaves Cotton, Areva T&D closed higher.

The BSE Auto Index closed up 0.8% at 4,548.08. Escorts, TVS Motor, Amtek Auto, Cummins, Punj Tractors, MRF closed higher.

The BSE Metal Index closed at 15,214.69 up 4%. Hind Zinc, Sterlite, NALCO, Shree Precoated, Mah Seamless, Jindal Steel, Jindal Saw, JindalStainless closed higher.

The BSE FMCG Index closed flat at 2,372.69. Colgate, ITC, Bata India, Godrej Consumer, HUL, GlaxoSmith Con closed lower.

BSE Oil and Gas Index closed at 11,516.98 up 0.9%. GAIL, Reliance Natura, HPCL, RPL,ONGC, Reliance, ONGC ended in green.
 
BSE power index closed at 3,281.29 up 1%. Torrent Power, NTPC, Reliance Energy, Tata Power, Power Grid Corp, Crompton Greave ended in green.

The BSE IT Index was down 1% at 4,006.50. Wipro, I-Flex Solution, Patni Computer, Financial Tech, Mphasis, Tech Mahindra, TCS, Infosys closed lower.

The NSE cash turnover was at Rs 13211.6 crore and the NSE F&O turnover was at Rs 40635.23 crore. The BSE cash turnover was Rs 5863.03 crore. Total market wide turnover was at Rs 59709.86 crore.