Sensex closes more than half a percent up; bank, IT

Mumbai, April 11 (IANS) A benchmark index of Indian equities markets closed more than half a percent higher in Thursday’s trade as bank, IT and capital goods stocks rallied.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,577.52 points, closed at 18,542.20 points, up 127.75 points or 0.69 percent from its previous day’s close at 18,414.45 points.

The Sensex touched a high of 18,599.14 points and a low of 18,397.94 in intra-day trade.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) closed the day 0.64 percent or 35.30 points down at 5,594.00 points.

The BSE bank index was up 194.93 points, followed by the IT index, up 136.00 points, and capital goods index, up 111.05 points.

However, the metal index was down 62.87 points while the oil and gas index was lower by 35.01 points and the power index went down 12.50 points.

Of the 30 Sensex scrips, 16 closed in the positive. Prominent among these were Tata Motors, up 3.92 percent at Rs.278.15; Infosys, up 3.72 percent at Rs.2,917.85; ICICI Bank, up 3.52 percent at Rs.1,039.80; Larsen and Toubro (L&T), up 2.05 percent at Rs.1,377.70 and Sun Pharma, up 1.81 percent up Rs.872.55.

Among the 14 losers were Bharti Airtel, down 2.31 percent at Rs.275.15; Tata Steel, down 2.24 percent at Rs.298.70; HDFC, down 1.90 percent at Rs.765.85; NTPC, down 1.48 percent at Rs.140.25 and Bajaj Auto, down 1.42 percent at Rs.1,697.15.

Among other Asian markets, Japan’s Nikkei closed 1.96 percent up while Hong Kong’s Hang Seng was higher by 0.30 percent. China’s Shanghai Composite Index was lower by 0.30 percent.

In Europe, Britain’s FTSE 100 was trading 0.14 percent up, and the German DAX was trading 0.32 percent higher. The French CAC 40 was also ruling 0.39 percent up.

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