Sensex ends higher in choppy trade, RIL led support | business | Hindustan Times
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Sensex ends higher in choppy trade, RIL led support

business Updated: Nov 25, 2009 17:08 IST

In choppy trade, the Bombay Stock Exchange benchmark Sensex gained 68 points as investors reshuffled their portfolios on the eve of expiry in current month contracts in the derivatives segment.

The 30-share index closed higher by 67.87 points at 17,198.95 points.

The wide-based National Stock Exchange index Nifty rose by 17.60 points to close at 5,108.15 points.

Brokers said every decline in the market was capped due to buying in fundametnally strong stocks in refinery, fast
moving consumer goods, auto and banking sectors.

Asian markets closing with gains and firm opening in European stock markets also influenced trading sentiment to
some extent, they added.

The trading sentiment turned volatile as investors reshuffled their holdings before the expiry in November month
contract in futures and option segments tomorrow.

The heaviest on the Sensex, Reliance Industries, and tobacco major ITC saved the market from falling. RIL closed up
0.81 per cent, while ITC gained 1.93 per cent.

Among Asian markets, Hong Kong's Hang Seng gained 0.84 per cent, Japan's market rose by 0.79 per cent, while
Singapore's Straits Times Index moved up 0.46 per cent.

In the 30-BSE index stocks, 17 gained and 13 ended in negative zone.