How the Markets fared today

The Nifty added more than a percent to end the day above the crucial 8,450 level as traders and investors increasingly put the fears of a Greek default behind them and ramped up equities ahead of first quarter earnings. Bank of Baroda, Axis Bank and BHEL were the top gainers on the Index, which ended at 8,453 points. The Sensex gained 245 points to end the day at 28,026.

The Nifty closed near the day's high as the Advance-Decline Ratio for the 50-share index stood at 4:1. Axis Bank and ICICI Bank were the top traded counters by value with smart gains reflecting on CNG gas provider IGL, where the Supreme Court ruled in its favour saying the sector regulator had no power to set tariffs at the retail level. IGL surged 8.8% to end the day at 454.60 rupees. Among other indices CNX Midcap 50 Index and the Bank Nifty showed smart gains.

Among the stocks hitting new highs were Reliance Industries, Maruti, Kotak Bank, Yes Bank, L&T and BPCL. There were also those that shrank to fresh lows, among them Hindalco and Vedanta.

(Image credit: Indiatimes)