The market gained today handsomly and interest rate sensitive sectors remained top gainers of today's session. Banking outperformed all other sectors after the announcement of CRR cut and capital goods, metal and realty, too, made smart gains. FMCG was the only sector that closed with only moderate gains. The Sensex closed at 16996, up 244 points from its previous close, and the Nifty shut shop at 5127, up 81 points. The CNX Midcap index closed with 1.7% gain while the BSE Smallcap index was up 0.7% in today's trade. The market breadth was positive with advances at 770 against declines of 452 on the NSE. The top Nifty gainers were L & T, IDFC, SBI and JP Associates while the nifty losers included Grasim, Coal India, DLF and Sun Pharma.
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