Sensex ends 124 points up on global cues
After a two-day fall, a benchmark index of Indian equities markets Thursday recovered to close 124 points or 0.67% up. Good buying was seen in metal and auto sectors, while selling pressure was observed in healthcare and oil and gas sectors.business Updated: Aug 08, 2013 17:58 IST
After a two-day fall, a benchmark index of Indian equities markets Thursday recovered to close 124 points or 0.67% up.
Good buying was seen in metal and auto sectors, while selling pressure was observed in healthcare and oil and gas sectors.
The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened at 18,687.30 points, closed at 18,789.34 points, up 124.46 points or 0.67 % from its previous day close at 18,664.88 points.
The Sensex touched a high of 18,829.26 points and a low of 18,621.67 points intra-day.
The S&P BSE metal index increased by 174.29 points and auto index went up by 139.27 points. However, healthcare index slipped by 18.50 points and oil and gas index went down by 17.57 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed trade at 46.55 points or 0.84 % up at 5,565.65 points.
Major Sensex gainers were: Hindalco Industries, up 5.42 % at Rs.91.35; Tata Steel, up 5.18 % at Rs.218.45; Cipla, up 5.09 % at Rs.410.70; Maruti Suzuki, up 3.89 % at Rs.1386.10; and Bharti Airtel, up 3.24 % at Rs.337.40.
Major Sensex losers were: Sun Pharma, down 3.24 % at Rs.507.10; State Bank of India, down 3.04 % at Rs.1661.45; Dr. Reddy's Laboratories, down 1.57 % at Rs.2,218.25; and Wipro, down 0.79 % at Rs.446.50.
Among the Asian markets, Japan's Nikkei closed 1.59 % down; China's Shanghai Composite Index was lower by 0.09 % while Hong Kong's Hang Seng was up by 0.31 %.
In Europe, London's FTSE 100 was trading 0.51 % up, Germany's DAX Index was up 0.70 % and the French CAC 40 Index was up by 0.66 %.