Sensex climbs 200 points at closing
The BSE-30 goes one-way throughout and ends at 200.69 pts after touching the day's high of 14,219.24.business Updated: Jun 14, 2007 16:27 IST
The Bombay Stock Exchange benchmark Sensex on Thursday, climbed 200 points on the back of a rally in blue chip stocks, led by metals and capital goods sectors.
Firming global markets also influenced the trading sentiments in Mumbai, triggering Thursday's buying spree.
The Sensex moved in a one-way direction throughout the session and ended at 200.69 points, or 1.43 per cent, up at 14,203.72, after touching the day's high of 14,219.24. It had lost nearly 128 points on Wednesday.
Similarly, the second wide-based National Stock Exchange index shot up by 56.95 points to close the session at 4,170.
Stock brokers said apart from firming global stock markets, government's announcement of a package for exporters, who are hit by rupee appreciation, too acted as a positive factor. They said covering-up of short positions by speculators also accelerated recovery in stock prices.
All the sectoral indices ended in the positive zone with sizable gains, extending support to the Sensex.