Sensex up more than one percent; metal, capital goods stocks gain

Mumbai, April 2 (IANS) A benchmark index for Indian equities markets closed Tuesday’s trade nearly one percent up, owing to healthy buying in metal, capital goods, oil and gas, health care and bank stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the red at 18,863.82 points, closed at 19,040.95 points, up 176.20 points or 0.93 percent from its previous day’s close at 18,864.75 points.

The Sensex fell to a low of 18,826.53 points in intra-day trade and touched a high of 19,060.51 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) closed the day’s trade 0.77 percent or 43.70 points up at 5,748.10 points.

The BSE metal index was up 179.34 points, followed by capital goods index, up 172.78 points, oil and gas index, up 166.51 points, health care index, up 147.53 points, and bank index, up 118.69 points.

Of the 30 Sensex scrips, 23 closed in the positive. Sun Pharma, up 4.61 percent at Rs.851.50; Wipro, up 4.28 percent at Rs.449.80; Sterlite Inds, up 3.79 percent at Rs.93.10; ONGC, up 2.76 percent at Rs.316.70; and Jindal Steel, up 2.53 percent at Rs.351.05 were among the gainers.

Only seven of the 30 Sensex scrips were losers — among them were Bajaj Auto, down 1.53 percent at Rs.1,756.50, HDFC, down 0.74 percent at Rs.816.95; Tata Power, down 0.47 percent at Rs.95.35; ICICI Bank, down 0.41 percent at Rs.1,047.45; and Bharti Airtel, down 1.20 percent at Rs.292.02.

The opinions, beliefs and viewpoints expressed by authors, news service providers on this page do not necessarily reflect the opinions, beliefs and viewpoints of Hill Post. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. Hill Post makes no representations as to the accuracy or completeness of any information on this site page.

Leave a comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.