Sensex ends 225.49 pts up in volatile trade
The Bombay Stock Exchange benchmark Sensex gains over 225 points on buying mainly in metal and information technology stocks, closing at 16,978.35.Updated: May 14, 2008, 18:19 IST
In volatile trading, the Bombay Stock Exchange benchmark Sensex on Wednesday gained over 225 points on buying mainly in metal and information technology stocks.
The 30-share index, which opened lower by 126.51 points, bounced back to close higher by 225.49 points at 16,978.35. It touched the day's low of 16,626.35 and high of 17,014.94 points.
Similarly, wide-based National Stock Exchange index's Nifty rose 53.95 points at 5,011.75, after touching the day's high of 5,026.10 and low of 4,932.05 points.
Metal Index gained the most by 687.30 points, or 4.36 per cent. At 16,435.18. It was followed by IT Index that rose by 162.22 points, or 3.80 per cent, at 4,427.36.
Teck Index increased by 107.93 points at 3,487, Consumer Durable Index by 106.11 points at 4,507.56 and Healthcare Index by 74.29 points at 4,252.54.