Sensex climbs 230 points; technology, realty stocks rise (Lead)

December 26th, 2011 - 7:20 pm ICT by IANS  

Sensex Mumbai, Dec 26 (IANS) A benchmark index for Indian equities climbed 232 points Monday, led by good buying support in technology, auto, realty and metal stocks amid positive global cues.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 15,782.17 points, closed at 15,970.75 points, up 1.47 percent or 232.05 points from its previous close at 15,738.70 points.

The benchmark Sensex has closed higher for the third time in the last four sessions.

The 50-scrip S&P; CNX Nifty of the National Stock Exchange advanced 1.38 percent at 4,779 points.

Broader markets as well as most sectoral indices also closed in the positive terrain. The BSE midcap index advanced 0.83 percent while the smallcap index closed 0.98 percent higher.

Technology and IT indices led the rally among sectoral indices. Technology index of the BSE climbed 2.61 percent. IT index rose 2.39 percent and realty index closed 1.59 percent higher.

Prominent Sensex gainers were: Hero MotoCorp, 4.75 percent higher at Rs.1,938.60; Bharti Airtel, up 4.31 percent at Rs.344.70; Tata Steel, up 3.01 percent at Rs.357.70; Infosys, up 2.91 percent at Rs.2,773.35; and Jaiprakash Asso, up 2.89 percent at Rs.55.20.

Only three of the 30 Sensex scrips closed in the red. Cipla, down 0.64 percent at Rs.328.50; Maruti Susuki, down 0.57 percent at Rs.968.85; and Hindalco Inds, down 0.53 percent at Rs.121.10.

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