Home Economy Sensex ends week on positive note

Sensex ends week on positive note

By IANS,

Mumbai : Indian equities markets shut shop for the week on a positive note Friday, with a key index closing near its day’s high and adding 634 points since last week’s close.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 15,272.01 points, ended trade at 15,378.96 points, up 147.92 points or 0.97 percent.

The Sensex also added 634 points or 4.3 percent over last week’s close.

The Nifty of the National Stock Exchange (NSE) too ended in the green at 4,568.55 points, up 0.99 percent.

Broader market indices ended in the positive terrain as well, with the BSE midcap index closing 2.29 percent up and the BSE smallcap index ending 2.16 percent higher.

The market breadth was positive with 1,782 stocks advancing compared to 897 declining and 85 remaining unchanged.

Among the gainers on the 30-scrip Sensex were Tata Motors, up 9.72 percent at Rs.373.50; DLF, up 6.49 percent at Rs.393.65; Maruti Suzuki, up 6.35 percent at Rs.1,377.85 and Tata Steel, up 6.06 percent at Rs.439.90.

Among the losers on the Sensex Friday were Bharti Airtel, down 481.95 percent at Rs.415.50; Sun Pharma, down 2.21 percent at Rs.1,245.95; ONGC, down 1.65 percent at Rs.2,412.05; and SBI, down 1.59 percent at Rs.1,698.50.

Data with the market watchdog, Securities and Exchange Board of India (SEBI), showed foreign funds were net buyers, lapping up scrips worth a little over $146.6 million.

In other Asian markets, the Nikkei 225 Stock Average, a key index of the Tokyo Stock Exchange, closed Friday at 9,944.55 points, up 151.61 points.

The Hang Seng, the primary index of the Hong Kong Stock Exchange, ended at 19,998.79 points, up 165.09 points.

In the European markets, the FTSE of Britain was ruling firmly in the green at 4,588.49 points, up 28.69 points.

Its French peer CAC 40 was ruling 12.06 points higher at 3,385.78 points.

The US markets were poised for a flat opening with key index futures ruling slightly above the last closing figure after disappointing results from Microsoft and American Express.

While the Dow Jones Industrial Average futures was ruling 21 points up, the Standard and Poor’s 500 index future was up 2.8 points.

The technology-scrip heavy Nasdaq futures was trading 2 points higher.