The Sensex, which continued to trade in the positive terrain since morning, has crossed the mark of 14,000 on the back of sustained buying action witnessed in Realty, IT, power, oil & gas, banking and metal stocks. 

Midcap and smallcap index surged more than 2% each.

The 30-share index, BSE Sensex, which gained 448.23 points during the opening time, ended positively on Thursday (Sep 18) after making a gain of 52.70 points, while the NSE Nifty climbed by 29.90 points. 

The 30-share index, BSE Sensex ended with marginal gains on Thursday (Sep 18) after Finance Minister P Chidambaram declared that the Indian banking industry was unaffected by the US crisis. 

After losing 550 points in the beginning, bulls took charge during the second half as worldwide markets regained after central banks across the world joined hands to defend against a credit crunch and injected funds into the economy. 

Finally, the Sensex ended the day at 13,315.60, up 53 points, whereas the wider Nifty of the National Stock Exchange closed at 4038 points, up by 0.75 per cent. 

After opening with a loss of 550.08 points at 12,712.82, the 30-share index, BSE Sensex continued its downward trend in today’s session (Sep 18).

At 11:06 a.m., Sensex lost 578.71 points at 12,684.19, after hitting a high of 12,712.82 and a low of 12,558.14.

On the other hand, the broad based Nifty stood at 3,853.05, down 151.20 points, after touching a high of 4,005.25 and a low of 3,799.55.

BSE Midcap and Smallcap were trading down 4.81% and 5.01% respectively.

Stock market analysts have suggested investors to sell Unitech stock as there are full chances of a downward trend in this stock.

Today, the stock opened weak at Rs 122, against its last closure at Rs 127.75 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 6.06 and 19.64 respectively. The share price has seen a 52-week high of Rs 546.80 and a low of Rs 126 on BSE.

Stock analysts also suggested that if the stock fell below Rs 113, it may see more weakness. So the investors must sell the stock with a stop loss above Rs 126 to achieve a target that lies between Rs 118 and Rs 115.

The 30-share index, BSE Sensex continued to trade pessimistically as intense selling pressure was seen in banking realty, FMCG and metal stocks, whereas auto stock managed to trade in the positive terrain.

Midcap and Smallcap index fell 1.29% and 0.81% respectively.

At 2.54 p.m., Sensex lost 221.15 points or 1.64% at 13,297.65. It also touched a high of 13,620.74 and a low of 13,127.96.

In contrast, the broad based Nifty stood at 4,016.65, down 58.25 points. It also touched a high of 4,116.70 and a low of 3,974.60.

The overall market breadth was negative as it saw 928 advancements as against 1,644 declinations.

Stock market analysts have maintained ‘buy’ rating on Infosys stock with an intraday target of 1585.

According to them, interested traders can purchase the stock above Rs 1565 with a strict stop loss of Rs 1525. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 1590.