Sensex closed with gain of 73 points

The benchmark BSE Sensex closed with a gain of 73 points on emergence of buying by funds in blue-chip stocks.

The benchmark BSE Sensex closed with a gain of 73 points on Thursday on emergence of buying by funds in blue-chip stocks led by cement and capital goods segments.

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The Sensex, which remained weak on Wednesday trading, rose 73.51 points at 14,504.57 as cement stocks led by ACC and Grasim surged following Finance Minister P Chidambaram's statement the government would not interfere in cement prices.

The Sensex touched a high of 14,537.04 points and a low of 14,435.24 in volatile trading.

In similar fashion, the National Stock Exchange index Nifty shot up by 18.05 points at 4,282 points, after touching a high of 4,291.40 and a low of 4,256.90 points.