Sensex continues strong, up 308 points (Lead)
September 6th, 2010 - 3:34 pm ICT by IANS
Mumbai, Sep 6 (IANS) A benchmark index for Indian equities built on its early morning gains and was ruling almost 308 points higher than its previous close in afternoon trade Monday.
Other Asian markets too rallied, strengthening the buying sentiment at the bourse here.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,124.29 points, was at 18,529.78 points, 308.35 points or 1.69 percent up from its previous close at 18,221.43 points.
The Sensex had last seen this level in Jan 2008.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling 1.63 percent higher at 5,568.55 points.
Broader markets indices were also in the green, with the BSE midcap 1.32 percent up and the BSE smallcap index 1.69 percent higher.
Metals, energy, realty and IT scrips saw healthy buys. All 13 sectoral indices on the BSE were in the positive.
The market breadth was positive with 2,118 scrips advancing, compared to 790 stocks declining and 97 remaining unchanged.
Other Asian markets were in the green with investors displaying robust buying appetite after the US payroll data released Friday showed a fewer than expected number of people were without jobs.
The Japanese Nikkei closed 2.05 percent higher at 9,301.32 points.
Hong Kong’s Hang Seng ended 1.91 percent up at 21,373.06 points. The Chinese Shanghai Composite index closed 1.54 percent higher at 2,696.25 points.
European bourses too opened on a positive note.
- Sensex rises to 31-month high on strong global cues (Roundup) - Sep 06, 2010
- Sensex soars in early trade - Sep 06, 2010
- Sensex rises to 31-month high (Second Lead) - Sep 06, 2010
- Sensex climbs 119 points; SBI, RIL rally (Lead) - Apr 03, 2012
- Sensex in green; realty, power stocks gain - Jan 13, 2012
- Ahead of monetary policy review, Sensex closes dull - Dec 15, 2011
- Sensex rises on positive global cues - Mar 09, 2012
- Sensex closes 302 points higher (Lead) - Mar 21, 2012
- Sensex holds on to highs in afternoon trade (Lead) - Jan 03, 2012
- Sensex off day's highs, holding in green - Mar 20, 2012
- Sensex climbs 2 percent; realty, auto stocks soar - Oct 10, 2011
- Sensex rebounds 101 points; banking stocks climb - Dec 30, 2011
- Sensex pares Monday losses, closes 288 points up (Lead) - Feb 28, 2012
- Sensex closes 180 points higher (Lead) - Jun 27, 2011
- Sensex gives up early gains (Lead) - May 09, 2011
Tags: afternoon trade, appetite, asian markets, benchmark index, bombay stock exchange, bourse, bse, energy realty, european bourses, hang seng, market breadth, national stock exchange, nikkei, payroll data, sectoral indices, sensex, sensitive index, sentiment, shanghai composite index, us payroll