A benchmark index for Indian equities Wednesday ended 208 points higher than its previous close on the back of increased buying in the last 90 minutes of trading, even though cues were subdued in other global bourses.
Share This Article:
Share at Reddit Share at FacebookShare at Twitter Share at Y! BuzzBookmark at Google Share at Myspace
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,067.67 points, ended at 18,257.12 points, 208.27 points or 1.15 percent up from its previous close at 18,048.85 points.
At the National Stock Exchange (NSE), the broader 50-share S and P CNX Nifty shut shop 1.2 percent higher at 5,479.15 points.
Broader markets indices also ended in the green, with the BSE midcap index closing 0.85 percent up and the BSE smallcap index trading 0.7 percent higher.
The market breadth was positive with 1,671 scrips advancing, compared to 1,272 stocks declining and 140 remaining unchanged.
Among the gainers on the Sensex were Hindalco Industries, up 4.58 percent at Rs.176; Tata Motors, up 4.19 percent at Rs.1,047.60; HDFC, up 3.14 percent at Rs.621.20 and HDFC Bank, up 3.1 percent at Rs.2,188.45.
The losing scrips included Reliance Communications, down 1.14 percent at Rs.164.05; Reliance Industries, down 0.65 percent at Rs.964.75; M and M, down 0.6 percent at Rs.617.90; and Cipla, down 0.28 percent at Rs.304.30.
According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors bought scrips worth USD 110.53 million Wednesday.
Though news of a jump in industrial output in the US, helped some Asian bourses, but there was still anxiety among traders on the strength of the developed world's economic recovery.
The Japanese Nikkei closed 0.86 percent higher at 9,240.54 points while Hong Kong's Hang Seng ended 0.54 percent down at 21,022.73 points.
The Chinese Shanghai Composite index was 0.21 percent in the red, while the South Korean Kospi closed 0.4 percent higher.
Even a strong earnings report from US retailers failed to enthuse worry-hit traders at European bourses.
At the closing bell here, the FTSE 100 was trading 0.7 percent lower at 5,313.05 points, while the German DAX was ruling 0.15 percent down at 6,196.87 points.
The French CAC 40 was trading 0.32 percent lower at 3,651.4 points.
Share This Article:
Share at Reddit Share at FacebookShare at Twitter Share at Y! BuzzBookmark at Google Share at Myspace
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,067.67 points, ended at 18,257.12 points, 208.27 points or 1.15 percent up from its previous close at 18,048.85 points.
At the National Stock Exchange (NSE), the broader 50-share S and P CNX Nifty shut shop 1.2 percent higher at 5,479.15 points.
Broader markets indices also ended in the green, with the BSE midcap index closing 0.85 percent up and the BSE smallcap index trading 0.7 percent higher.
The market breadth was positive with 1,671 scrips advancing, compared to 1,272 stocks declining and 140 remaining unchanged.
Among the gainers on the Sensex were Hindalco Industries, up 4.58 percent at Rs.176; Tata Motors, up 4.19 percent at Rs.1,047.60; HDFC, up 3.14 percent at Rs.621.20 and HDFC Bank, up 3.1 percent at Rs.2,188.45.
The losing scrips included Reliance Communications, down 1.14 percent at Rs.164.05; Reliance Industries, down 0.65 percent at Rs.964.75; M and M, down 0.6 percent at Rs.617.90; and Cipla, down 0.28 percent at Rs.304.30.
According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors bought scrips worth USD 110.53 million Wednesday.
Though news of a jump in industrial output in the US, helped some Asian bourses, but there was still anxiety among traders on the strength of the developed world's economic recovery.
The Japanese Nikkei closed 0.86 percent higher at 9,240.54 points while Hong Kong's Hang Seng ended 0.54 percent down at 21,022.73 points.
The Chinese Shanghai Composite index was 0.21 percent in the red, while the South Korean Kospi closed 0.4 percent higher.
Even a strong earnings report from US retailers failed to enthuse worry-hit traders at European bourses.
At the closing bell here, the FTSE 100 was trading 0.7 percent lower at 5,313.05 points, while the German DAX was ruling 0.15 percent down at 6,196.87 points.
The French CAC 40 was trading 0.32 percent lower at 3,651.4 points.
