Sensex closes 26 points up
In a rather volatile session, the Sensex came close to 10,200 mark touching a new all time high of 10,191.97 in the morning session.india Updated: Feb 15, 2006 17:27 IST
The Bombay Stock Exchange (BSE) benchmark index on Wednesday closed with a gain of 26.5 points at 10,113.18.
In a rather volatile session, the Sensex came close to 10,200 mark touching a new all time high of 10,191.97 in the morning, but then crashed to a low of 10,036.01, clocking an intra-day swing of 155.96 points.
The Sensex opened at 10,144, a gain of 58 points, over the previous close of 10,086.
However, equity markets were supported by Rs 335 crore foreign fund inflow reported for Monday, according to the Securities and Exchange Board of India (SEBI).
In a sector specific rally on wednesday, the BSE FMCG indexd led by Hindustan Lever and ITC gained 3.56 per cent.
BSE Metal index also gained by 1.66 per cent supported by good gains in aluminium major Hindalco and Tata Steel.
FMCG major Hindustan Lever had another good session after its robust fourth quarter results announced yesterday and clocked a rise of 5.01 per cent to Rs 235.70.
Another FMCG giant ITC too gained 4.25 per cent at Rs 170.60.
Bajaj Auto, another big gainer of the day, closed with 4.81 per cent gain at Rs 2,412 and power giant NTPC ended 4.56 per cent up at Rs 123.95.
Other top gainers of the day on the Sensex were Hindalco, Ranbaxy Lab, Grasim Industries, Tata Steel, Cipla and Wipro.
Consumer Durables, Oil & Gas and Infotech indices lost maximum on the BSE.
The top loser were Maruti, HDFC, Reliance Energy, Reliance Industries, Infosys, Larsen & Toubro, ONGC, Tata Power, Gujarat Ambuja Cements, and Hero Honda.
There was a block deal of 3.4 lakh Jet Airways shares on the BSE at Rs 935 per share.
The National Stock Exchange (NSE)'s 50-share Nifty index, however, closed with a 4.65 points gain at 3,022 points from yesterday's 3,017.
The crude oil prices went below USD 60 per barrel to USD 59.63 a barrel on the New York Mercantile Exchange (NYMEX) which will be a big relief for the oil & gas companies and equity markets.