Stock Market Updates for Today (20th May '11)

The market opened on a firm note, gained in strength as the session progressed and ended with strong gains today thanks to hectic buying almost across the board.

The Sensex ended at 18,321.40 (provisional) with a gain of 180 points or almost 1%, after racing to 18,429.47.The Nifty, which rose to 5518, closed at 5484.35, up 56.25 points or 1.04%.

Capital goods stocks hogged the limelight with L&T leading the charge up north.

Realty, automobile, pharma, power and bank stocks too posted strong gains.

Metal stocks moved higher as well. IT and oil stocks ended on a mixed note.

Midcap and smallcap stocks rallied sharply, but gave up some gains in the final hour.

The market breadth was positive during the trading hours.