Sensex recoups losses, ends 523 points up

By IANS,

Mumbai : A benchmark index of the Indian equities markets rallied smartly to end 523 points higher Wednesday, recouping more than the previous day’s losses.


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The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 15,487.97 points, shut shop at 15,928.08 points (provisional), 523.93 points or 3.4 percent above Tuesday’s close at 15,404.94 points.

Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too, was in positive terrain at 4,716.85 points, up 3.35 percent or 152.95 points from its last close.

Buying activity increased in mid-to-small capitalised scrips as well, with the BSE midcap closing 3.91 percent higher and BSE smallcap index ending 2.39 percent up.

Realty, metals and IT stocks gained the most in Tuesday’s rally.

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