Sensex rallies in last hour, ends 228 points up

By IANS,

Mumbai : Indian equities markets closed for the week on a high, with a key index rising smartly in the last hour before closing bell Friday and adding 228 points to its previous session’s tally. The rally was led by auto, technology and realty stocks.


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The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 14,951.49 points, ended at 15,240.83 points, up 228.51 points or 1.52 percent.

The broader-based Nifty of the National Stock Exchange (NSE) also closed in the positive terrain at 4,528.8 points, up 1.69 percent.

Broader market indices similarly ended in the green, with the BSE midcap index closing 1.5 percent higher and the BSE smallcap index ending 1.61 percent up.

The market breadth was positive, with 1,711 stocks advancing, 958 declining and 102 remaining unchanged.

Of the 30 stocks on the Sensex, 28 ended on the gainers’ list. Prominent among these were Hero Honda, up 4.84 percent at Rs.1,480.55; ICICI Bank, up 3.64 percent at Rs.745.65; M&M, up 3.58 percent at Rs.801.75; and Bharti Airtel, up 2.86 percent at Rs.411.50.

The two losers were HDFC, down 0.99 percent at Rs.1,465.95, and Sun Pharma, down 0.3 percent at Rs.1,184.60.

The total traded turnover stood at Rs.99,976.38 crore, including Rs.14,666.52 crore from the NSE cash segment and Rs.80,422.25 crore from the NSE futures and options segment. The balance Rs.4,887.61 crore was contributed by the BSE cash segment.

In other Asian markets, Chinese stocks rebounded to end with a key index at the Shanghai Stock Exchange closing 1.69 percent higher.

However, the Nikkei, a key index of the Tokyo Stock Exchange, was pulled down by heavy selling in auto stocks and ended 145.21 points or 1.4 percent lower at 10,238.2 points.

The Hang Seng, a primary index of the Hong Kong Stock Exchange, too ended on the losing side, shedding 129.84 points or 0.64 percent at 20,199.02 points.

In Britain, the FTSE 100 index was ruling 1.03 percent higher at 4,805.35 points. Its French peer, the CAC 40, was up 1.57 percent at 3,560.31 points.

Germany’s DAX was also ruling positive at 5,387.65 points, having risen 1.44 percent.

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