Sensex ends higher by 258 points
The benchmark Sensex closed with a gain of 258 point on the BSE on Thursday on brisk buying by funds in heavy-weight stocks from metal, bank and capital good segments.business Updated: Oct 25, 2007 16:39 IST
The benchmark Sensex closed with a gain of 258 point on the Bombay Stock Exchange on Thursday on brisk buying by funds in heavy-weight stocks from metal, bank and capital good segments.
The 30-share index, Sensex, which commenced the day with a loss of 50 points, rebounded to close higher by 257.98 points at 18,770.89, after touching the day's high of 18,900.10 points.
In a similar fashion, the wide-based National Stock Exchange index, Nifty, surged by 72.80 points at 5,568.95. It touched the day's high of 5605.95 and a low of 5469.30 points.
Major support came in from the metal sector index which shot up by 651.58 points at 16,424.52 followed by the banking index which was up 258.44 points at 9924.11. Capital goods index also rose by 201.81 points at 17,314.13.