STOCK MARKET BSE NSE

Sensex Up 382 Points; Banks Stocks Rise

The Sensex has touched a high of 27,508.30 points and a low of 27,231.28 points in the intra-day trade so far.

Published: 11th May 2015 02:36 PM  |   Last Updated: 11th May 2015 02:36 PM   |  A+A-

SENSEX2

MUMBAI: A benchmark index of the Indian equities market, the 30-scrip Sensitive Index (Sensex), made healthy gains during the post-afternoon trade session on Monday. It gained 382 points or 1.41 percent.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made healthy gains during the post-afternoon trade session. It was higher by 126 points or 1.54 percent at 8,317.50 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 27,249.42 points, was trading at 27,487.22 points (at 12.45 p.m.), up 381.83 points or 1.41 percent from the previous day's close at 27,105.39 points.

The Sensex has touched a high of 27,508.30 points and a low of 27,231.28 points in the intra-day trade so far.

According to Angel Broking, the Indian markets opened on a positive note tracking SGX Nifty and some of its Asian peers.

The brokerage firm said that the Indian markets had surged more than 1.5 percent during the last session, marking its best daily gain in four months after the government set-up a panel to suggest ways to resolve a tax dispute with foreign investors.

In Monday's trade, healthy buying was observed in banking, automobile, metals, healthcare, capital goods and consumer durables sectors.

However, stocks of fast moving consumer goods (FMCG) came under heavy selling pressure.

The S&P BSE bank index zoomed by 440.33 points, followed by automobile index augmented by 408.47 points, metal index gained by 297.66 points, healthcare index rose by 294.46 points, capital goods index was higher by 255.99 points, and consumer durables index was up by 120.06 points.

However, the S&P BSE FMCG index was down by 9.12 points.



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