Sensex jumps 420 points in afternoon (Lead)June 10th, 2009 - 3:39 pm ICT by IANS
Mumbai, June 10 (IANS) Indian equities markets extended their gains Wednesday afternoon, with a key index ruling 420 points above its previous close about 90 minutes before the close.
The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was trading at 15,547.5 points, 420.5 points or 2.78 percent higher than Tuesday’s close.
The strong uptrend was visible from the morning session as the Sensex, which opened at 15,168.18 points, soared 332 points within minutes of trade.
The index had jumped 461 points Tuesday, a day after it plunged 438 points, the third biggest fall of the year.
Like Sensex, the S&P CNX Nifty of the National Stock Exchange (NSE) too gained ground, moving up 2.8 percent to rule at 4,678.6 points around the same time.
The broader market indices were also in the positive terrain, with the BSE midcap index ruling 1.66 percent higher, and the BSE smallcap index up 0.9 percent.