Sensex closes 233 points up; recovers from two days’ fall

Mumbai  : A benchmark index of Indian equities markets recovered after two days of fall and closed 1.22 percent or 233 points up on the back of global markets Thursday.

Good buying was observed in IT, fast moving consumer goods (FMCG), technology, media and entertainment (TECK) and consumer durables sectors; while selling pressure was seen in the capital goods and metal sectors.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 19,256.12 points, closed at 19,410.84 points, up 233.08 points or 1.22 percent from the previous day’s close at 19,177.76 points.

The Sensex touched a high of 19,445.02 points and a low of 19,245.01 points intra-day.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) ended 1.14 percent or 66.05 points up at 5,836.95 points.

The S&P BSE IT index went up by 166.22 points, FMCG index moved up by 177.51 points, TECK index inched up by 84.87 and consumer durables index increased by 74.87 points; while capital goods index dipped by 0.23 points and metal index slipped by 22.42 points.

The major Sensex gainers were: ITC, up 3.74 percent at Rs.338.50; Tata Power, up 3.58 percent at Rs.85.45; Tata Consultancy Service, up 3.26 percent at Rs.1,534.15; Tata Motors, up 2.80 percent at Rs.292.25; Bharti Airtel, up 2.38 percent at Rs.301.25 and Infosys, up 2.29 percent at Rs.2,460.50.

The major losers were: Tata Steel, down 1.73 percent at Rs.264.70; Bharat Heavy Electricals Limited, down 1.63 percent at Rs.175.30; Sterlite Industries, down 1.13 percent at Rs.83.35 and Bajaj Auto, down 1.02 percent at Rs.1,876.30.

Among the Asian markets, Nikkei was down by 0.26 percent; Hang Seng went up by 1.60 percent, Shanghai Composite Index inched up by 0.59 percent and KOSPI increased by 0.79 percent.

In Europe, the FTSE 100 was trading 1.84 percent up; Germany’s DAX Index was up by 0.85 percent and French CAC 40 Index was increased by 1.07 percent.

Photo  : AFP