Market ends day with hefty gain (Round up)July 9th, 2008 - 6:30 pm ICT by IANS
Mumbai, July 9 (IANS) The Indian equities market ended the day with a hefty gain on the back of heavy buying in capital goods, metal, realty and banking stocks. The market surged in the early trade on positive cues from global markets on the back of sharp fall in crude oil prices to $136 from the all-time high of $146 per barrel.
All the sectoral indices ended the day in green.
The market started on a firm note and remained positive till the end of the session.
The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex) opened at 13,581.41 points, touched a high of 13,998.48 before closing at 13,964.26 points. It went up by 614.16 points or 4.60 percent at the days close.
The National Stock Exchange (NSE) S & P Nifty, which opened at 3990.90 points, closed at 4157.10 points. It went up by 168.55 points or 4.23 percent.
The BSE Midcap index, which closed at 5,470.68 points, went up by 154.69 points or 12.91 percent.
BSE Smallcap index which closed at 6,789.88 points went up by 227.69 points or 3.46 percent.
The market breadth was positive. On BSE, 2,130 shares advanced, 529 declined and 67 maintained status quo.
The gainers of the day were Reliance Infrastructure at Rs.835.45 went up by 10.66 percent, Jaiprakash Associate at Rs.173.30 gained 10.00 percent, and Tata Motors at Rs.404.55 went up by 7.49 percent.