Summary of wednesday 30 sept market

It was another fantastic day of trade and our market was the best performing across Asia. Sensex closed above 17000 for the first time since May 8, 2008. Sensex shut shop at 17126, up 273 points and Nifty at 5083, up 77 points from the previous close. CNX Midcap index was up 1% and BSE Smallcap index was up 0.94%. There was good buying in banking, auto and capital goods stocks. The market breadth was positive with advances at 751 against declines of 515 on the NSE. Top Nifty gainers included SBI, Axis Bank and ICICI Bank while losers were ONGC, GAIL and Suzlon.