Home Economy Sensex back in green, up 240 points

Sensex back in green, up 240 points


Mumbai : A key index of Indian equities markets, which opened higher Tuesday on strong global cues, made handsome gains in the afternoon led by realty and metal stocks and closed 240 points up from its previous closing.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,255.42 points, closed at 16,454.45 points, up 240.26 points or 1.48 percent.

The index after six consecutive winning sessions had ended 50 points lower Monday.

The Nifty of the National Stock Exchange (NSE) also ended in the positive terrain at 4,892.1 points, up 1.74 percent.

Broader market indices also made gains, with the BSE midcap index ending 1.48 percent higher and the BSE smallcap index up 1.33 percent.

The market breadth was positive, with 1801 stocks advancing, 994 declining and 78 remaining unchanged.

Among the gainers were DLF, up 5.2 percent; Hero Honda, up 3.47 percent, Sterlite Industries, up 3.34 percent Hindalco, up 3.3 percent; and Jaiprakash Associates, up 2.92 percent.

The top losers are ONGC, down 0.93 percent; Bharti Airtel, down 0.80 percent; and Hindustan Unilever, down 0.31 percent.

According to data with the regulator, the Securities and Exchange Board of India (SEBI), foreign institutional investors Tuesday bought shares worth $53.8 million.

Other important Asian markets were trading mixed.

The Nikkei, a key index of the Tokyo Stock Exchange, closed 15.56 points higher at 10,217.62 points.

At the Shanghai Stock Exchange, the benchmark SSE Composite was ruling 0.03 percent higher at 2385.33 points.

However, the primary index of the Hong Kong Stock Exchange, Hang Seng, was in the red at 20866.37 points, down 65.83 points or 0.31 percent.

Major European markets were ruling in the negative terrain.

In Britain, the FTSE 100 index was ruling 0.38 percent higher at 5,037.93 points, while its French peer, the CAC 40, was up 0.23 percent at 3,739.17 points.

Germany’s DAX, however, was ruling in the negative at 5,614.5 points, down 0.10 percent.