The three-session slide prompted investors to go for a bargain hunting,amid global bullishness as the benchmark S&P CNX-Nifty gained 49 points at the National Stock Exchange (NSE). The 50-share index shuttled between 5,428.15 and 5,376.15 before closing at 5,413.85,up 49.10 points,or 0.92 per cent,from its last close. Trading commenced on a strong note on the back of firm Asian cues as well as overnight rally in US markets. The trading witnessed heavy low level buying in FMCG,bank,tech,infra and auto counters and the momentum continued till the end. Some selling pressure was seen in select banking and IT counters. "The return of buoyancy in global market provided relief rally in the market,which sidelined the rate hike fears and rising crude prices," traders said. Maruti,Bharati Airtel,DLF,Ambuja Cement,M&M,HDFC,JP Associates,Sterlite Industries,Sesa Goa and Cipla were top gainers from the Nifty pack. Total turnover in cash segment rose to Rs 8,660.66 crore from Rs 8,290.89 crore yesterday. A total of 4,563.31 lakh shares changed hands in 47,61,816 trades. The market capitalisation stood at Rs 63,21,911 crore.
