Home Economy Late rally pulls up Sensex, closes 130 points higher

Late rally pulls up Sensex, closes 130 points higher

By IANS,

Mumbai : A benchmark index for Indian equities markets Tuesday rose in a late rally, closing 130 points up, with some large heavyweights seeing healthy buys.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,521.38 points, closed at 18,637.04 points (provisional), up 130 points or 0.7 percent compared to its previous close at 18,507.04 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange also ended higher at 5,609.7 points, up 0.71 percent.

Both benchmark indices were languishing in the negative for most of the trading day.

Broader markets too notched up some gains. The BSE midcap index closed 0.39 percent up while the BSE smallcap index moved up 0.76 percent.