Sensex up 34 pts to start 'Samvat' 2068 on promisng note
The Samvat year 2068 began on a cheerful note as the BSE benchmark Sensex on Wednesday gained 34 points during the 90-minute special Diwali's Muhurat trading with public sector and bluechip stocks in great demand.business Updated: Oct 26, 2011 19:07 IST
The Samvat year 2068 began on a cheerful note as the BSE benchmark Sensex on Wednesday gained 34 points during the 90-minute special Diwali's Muhurat trading with public sector and bluechip stocks in great demand.
A better trend in global market as investors awaited an European Union summit on euro zone's debt crisis further fuelled the market sentiment.
The Sensex, which gained 470 points in the last two trading sessions, rose by 33.97 points, or 0.20% to 17,288.83, after touching the day's high of 17,350.49.
In a similar fashion, the broad-based National Stock Exchange index Nifty rose by 10.20 poins, 0.20% to 5,201.80, and touched an intra-day high of 5,219.25.
The bourses conducted a special 'Mahurat' trading on the occasion of Diwali between 1630 and 1800 hrs, facilitating brokers to start their new account books.
The up-tend was driven by capital goods, PSU and healthcare stocks. The capital goods sector gained the most by0.87% to 10,655.73 followed by PSU 0.83% to 7,435.10. Healthcare index rose by 0.82% to 6,081.25.
Among the blue-chip, Larsen and Toubro, BHEL, State Bank of India, HDFC Bank, Bajaj Auto, Maruti Suzuki, Bharti Airtel, Cipla and Hindalco were in the forefront on investment buying.