Sensex ends tamely after breaching 15,000-mark (Roundup)June 3rd, 2009 - 7:02 pm ICT by IANS
Mumbai, June 3 (IANS) A key index of the Indian equities markets, which had breached the 15,000-mark in intra-day trading Wednesday, shut shop on a flat note after its key stocks came under selling pressure.
Broader benchmark indices however remained firm.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 14,902.62 points but ended at 14,870.9 points - 4.01 points or 0.03 percent below Tuesday’s close.
The S&P CNX Nifty of the National Stock Exchange (NSE) similarly traded flat, ending trade at 4,530.7 points, a marginal gain of 0.12 percent over its last close.
Broader market indices did better, with the BSE midcap index gaining 1.5 percent and the BSE smallcap index ending 2.11 percent up.
The Sensex touched an intra-day high of 15,046.34 points and a low of 14,733.59.
Of the 13 sectoral indices on the BSE, the index for FMCG, consumer durables and healthcare stocks were among the gainers, while banking and IT stocks came under selling pressure.
There were six gainers on the Sensex, prominent among them being Hindalco, up 6.09 percent at Rs.93.15; ITC, up 5.76 percent at Rs.203; Jaiprakash Associates, up 4.53 percent at Rs.225.90; and Grasim Industries, up 4.38 percent at Rs.2,306.20.
Losers included M&M, down 3.85 percent at Rs.697.50; Infosys, down 2.16 percent at Rs.1,645.90; SBI, down 1.9 percent at Rs.1,873.20; and ICICI Bank, down 1.74 percent at Rs.719.70.
The overall market breadth was positive, with 2,019 scrips advancing, 790 declining and 49 remaining unchanged.
Data with the market watchdog, Securities and Exchange Board of India (SEBI), showed foreign funds bought shares worth $44.4 million Wednesday.
The NSE’s Volatility Index - a measure of the market’s expectation of volatility over the short term - stood at 41.04 points Tuesday, higher than the 35-point mark that indicates risk.
Asian markets held firm even as European bourses were ruling weak.
The Nikkei, a key index of Tokyo markets, closed in the green at 9,741.67 points, 37.36 points up from its previous close.
The Hang Seng, the primary index of the Hong Kong Stock Exchange, rose 187.39 points to 18,576.47 points.
Weak sentiments prevailed at European markets with the FTSE in Britain trading 87.36 points lower at 4,389.66 points, and its French peer CAC 40 ruling 39.98 points down at 3,339.06 points.
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