Sensex nudges up as traders take a breather after Tuesday rally
January 11th, 2012 - 1:29 pm ICT by IANS
Mumbai, Jan 11 (IANS) Indian equities markets were ruling quiet Wednesday after the previous session’s rally as traders awaited further news on the economic front and dull cues from other Asian bourses prompted them to take a breather.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) nudged up and was comfortably above the 16,000-mark that it breached Tuesday, after a month’s gap with a 350 points surge.
The Sensex, which opened at 16,222.37 points, was ruling at 16,196.77 points around 11.37 a.m, 31.68 points or 0.2 percent up from its previous close at 16,165.09 points.
It had touched a high of 16,222.37 points and a low of 16,145.19 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange also was trading in the positive at 4,859.95 points - up 0.21 percent or 10.4 points from its previous close.
Broader markets were also in the green. The BSE 500 index was ruling 0.42 percent higher from its previous close.
The market breadth was positive with 1,674 stocks advancing, compared to 768 on the decline. Another 91 remained unchanged.
Prominent gainers on the 30-scrip Sensex included were led by metal stocks Hindalco, Sterlite and realty major DLF, while leading losers at this time were M&M;, TCS and Cipla.
Asian markets were ruling subdued as traders booked profits after the recent surge.
The Japanese Nikkei was quiet flat at 8,435.3 points, up 0.15 percent.
Hong Kong’s Hang Seng was flat at 19,009.62 points, while the Chinese Shanghai Composite index shed 0.74 percent and was trading at 2,268.74 points.
The South Korean Kospi was down 0.41 percent to end at 1,845.55 points.
- Day after rally, Sensex closes flat (Roundup) - Jan 11, 2012
- Day after rally, Sensex closes flat (Lead) - Jan 11, 2012
- Sensex rallies 350 points, closes above 16,000 (Roundup) - Jan 10, 2012
- Sensex closes 200 points lower on global jitters, weak rupee - Sep 23, 2011
- Sensex rebounds 274 points as rupee recovers (Lead) - May 24, 2012
- Sensex jumps 3 percent; metal, banking stocks rally - Oct 07, 2011
- Sensex continues to trade lacklustre, RIL soars (Lead) - Jan 18, 2012
- Sensex down 26.45 points on selling pressure - May 22, 2012
- Sensex in red, energy banking scrips under pressure - Jan 16, 2012
- Sensex closes flat in choppy trade (Lead) - May 25, 2012
- Sensex in see-saw trade, consumer durables, realty stocks up - Mar 27, 2012
- Sensex slips after touching 18,000 points - Mar 14, 2012
- Sensex falls 58 points; IT, metal stocks slump - Apr 10, 2012
- Sensex rises 100 points; TCS, Wipro surge - Apr 24, 2012
- Sensex up 144 points in noon trade - May 10, 2012
Tags: asian bourses, asian markets, bombay stock exchange, bse, cipla, cues, dlf, economic front, further news, gainers, hang seng, kospi, market breadth, metal stocks, national stock exchange, nikkei, sensitive index, shanghai composite index, south korean, sterlite