ID :
78941
Tue, 09/08/2009 - 09:24
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https://www.oananews.org//node/78941
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Sensex closes 16k level first time this year
Mumbai, Sep 7 (PTI) The Bombay Stock Exchange benchmark
Sensex Monday closed over the 16,000-point level for the first
time this year as buying in realty, metal and banking segments
powered over 320-point rally on strong global cues.
The 30-share index rose by 327.20 points to close at
15-month high of 16,016.32 points, a level never seen after
June 2, 2008.
The wide-based National Stock Exchange index Nifty soared
by 102.50 points to 4,782.90 points.
The rally was backed by steep rise in stocks of realty,
metal and banking segments on reports that shortage of monsoon
rainfall might ease, improving the outlook of farm production
and boosting buying in rural parts of the country.
The fag-end surge was mostly attributed to higher opening
in European stock markets this afternoon.
Among the Sensex shares, 28 scrips closed with gains
while ITC Ltd and Mahindra and Mahindra ended with losses.
Infosys Technologies, Reliance Industries, ICICI Bank,
RCom, DLF Ltd, Tata Motors and Tata Steel were the major
gainers and helped Sensex rise above 16,000 points level.
Metal stocks remained firm after Tata Steel reported a 25
per cent rise in its sales to 4.92 lakh tonnes in August on
the back of robust demand from the construction sector.
The realty sector index gained the most rising by 5.49
per cent to 4,533.36 pints followed by the metal index, which
gained 3.95 per cent to 12,989.46 points. The Bankex index
rose by 3.10 per cent to 8,603.92 and the consumer durable
index by 2.70 per cent to 3,378.54 points.
The auto index rose by 2.45 per cent to 6,228.20 points,
the teck index by 2.31 per cent to 3,158.24 points, the PSU
index by 2.17 per cent to 8,490.40 points, the capital goods
index by 1.70 per cent to 13,209.76 points, the oil &gas index
by 1.51 per cent to 9,900 points and the healthcare index by
1.47 per cent to 3,917.11 points.
With the buying activity picking up, the small-cap index
rose by 2.83 per cent to 7,189.47 points and the mid-cap index
by 2.31 per cent to 5,967.77 points. PTI RS
Sensex Monday closed over the 16,000-point level for the first
time this year as buying in realty, metal and banking segments
powered over 320-point rally on strong global cues.
The 30-share index rose by 327.20 points to close at
15-month high of 16,016.32 points, a level never seen after
June 2, 2008.
The wide-based National Stock Exchange index Nifty soared
by 102.50 points to 4,782.90 points.
The rally was backed by steep rise in stocks of realty,
metal and banking segments on reports that shortage of monsoon
rainfall might ease, improving the outlook of farm production
and boosting buying in rural parts of the country.
The fag-end surge was mostly attributed to higher opening
in European stock markets this afternoon.
Among the Sensex shares, 28 scrips closed with gains
while ITC Ltd and Mahindra and Mahindra ended with losses.
Infosys Technologies, Reliance Industries, ICICI Bank,
RCom, DLF Ltd, Tata Motors and Tata Steel were the major
gainers and helped Sensex rise above 16,000 points level.
Metal stocks remained firm after Tata Steel reported a 25
per cent rise in its sales to 4.92 lakh tonnes in August on
the back of robust demand from the construction sector.
The realty sector index gained the most rising by 5.49
per cent to 4,533.36 pints followed by the metal index, which
gained 3.95 per cent to 12,989.46 points. The Bankex index
rose by 3.10 per cent to 8,603.92 and the consumer durable
index by 2.70 per cent to 3,378.54 points.
The auto index rose by 2.45 per cent to 6,228.20 points,
the teck index by 2.31 per cent to 3,158.24 points, the PSU
index by 2.17 per cent to 8,490.40 points, the capital goods
index by 1.70 per cent to 13,209.76 points, the oil &gas index
by 1.51 per cent to 9,900 points and the healthcare index by
1.47 per cent to 3,917.11 points.
With the buying activity picking up, the small-cap index
rose by 2.83 per cent to 7,189.47 points and the mid-cap index
by 2.31 per cent to 5,967.77 points. PTI RS
