By IANS,
Mumbai: A benchmark index of Indian equities Monday ended 137 points higher, with substantial fund inflow from foreign investors. However, profit booking pulled down the index from its intra-day highs.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 20,199.73 points, closed at 20,303.12 points, up 137.26 points or 0.68 percent from its previous close of 20,165.86 points.
It rose 286.44 points to an intra-day high of 20,452.3 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty shut shop at 6,105.8 points, up 0.66 percent.
Broader markets ended in the green too. The BSE midcap index closed 0.77 percent higher, while the BSE smallcap index moved up 0.95 percent.
The market breadth was positive, with 1,713 stocks advancing, 1,239 declining and 139 remaining unchanged.
According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors bought scrips worth $310.17 million Monday.
FII fund inflows have crossed $6.1 billion so far in October, with yearly inflows at approximately $24.48 billion.
Among gainers were Hindalco Industries, up 4.32 percent at Rs.221.15; ACC, up 4.04 percent at Rs.1,024; Tata Motors, up 2.8 percent at Rs.1,184.60, and Sterlite Industries, up 2.47 percent at Rs.172.35.
Major losers included Wipro, down 4.04 percent at Rs.430.30; Infosys, down 1.11 percent at Rs.3,019.50; ITC, down 1.11 percent at Rs.169.35, and HDFC Bank, down 0.45 percent at Rs.2,313.45.
Other Asian markets too ended higher after the G20 group of finance ministers agreed to avoid a currency war that could derail the world economy.
Hong Kong’s Hang Seng ended 0.47 up at 23,627.91 points, while the Japanese Nikkei closed 0.27 percent up at 9,426.71 points.
The Shanghai Composite index closed at 3,051.42 points, up 2.57 percent.
European markets too were trading in the green, as commodity prices went up after the pledge by G20 ministers.
Around mid-day, Britain’s FTSE 100 was trading 0.57 percent lower at 5,774 points.
The German DAX was up 0.59 percent, at 6,644.83 points, while the French CAC 40 was 0.35 percent higher at 3,881.95 points.
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