Sensex eases 75 points up, realty, energy scrips rise (Roundup)

June 7th, 2011 - 6:45 pm ICT by IANS  

Sensex Mumbai, June 7 (IANS) A benchmark index for Indian equities markets eased up 75 points on Tuesday’s close with realty, energy and IT stocks leading the gainers pack.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,355.3 points, closed at 18,495.62 points, up 75.51 points or 0.41 percent from its previous close at 18,420.11 points.

The 50-scrip S&P; CNX Nifty of the National Stock Exchange also ended higher at 5,556.15 points, up 0.44 percent.

Broader markets too closed higher with the BSE midcap index ending 0.77 percent up and the BSE smallcap index 0.65 percent higher.

Realty, energy and IT stocks rose, while capital goods came under some selling.

The market breadth was positive with 1,533 stocks advancing, 1,256 on the decline and 121 remaining unchanged.

Gainers on the 30-scrip Sensex included Jaiprakash Associates, up 2.12 percent at Rs.84.35; RIL, up 1.93 percent at Rs.956.20; Infosys, up 1.91 percent at Rs.2,892.75 and Cipla, up 1.88 percent at Rs.337.85.

The losers were Hindustan Unilever, down 2.14 percent at Rs.308.20; Hero Honda, down 1.28 percent at Rs.1,834.25; L&T;, down 1.11 percent at Rs.1,705.80 and Wipro, down 0.97 percent at Rs.440.65.

According to data available with the Securities and Exchange Board of India, foreign institutional investors sold scrips worth $94.58 million Tuesday.

Asian stock markets ended mixed. Traders continued to be nervous over the state of the economic recovery in the United States, after last week’s poorer than expected job growth data.

The Nikkei of the Japanese stock exchange closed 0.67 percent up at 9,442.95 points, while the Hang Seng of the Hong Kong stock exchange was down 0.35 percent at 22,868.67 points.

The Chinese Shanghai composite index moved up 0.6 percent to close at 2,744.3 points.

European markets were ruling moderately higher, having pared some of the morning gains. Investors were anxiously waiting for the US Federal Reserve chairman Ben Bernanke’s speech, for signs if the central bank would continue to adopt an easy monetary stance.

Britain’s FTSE was ruling 0.13 percent up at 5,870.69 points.

Around midday, the French CAC 40 rose 0.52 percent at 3,883.4 points, while the German DAX was up 0.52 percent at 7,121.5 points.

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