Sensex reverses early losses, broader markets up too (Lead)
April 13th, 2011 - 2:19 pm ICT by IANS
Mumbai, April 13 (IANS) A benchmark index for Indian equities markets Wednesday rose shrugging off early weakness. Broader markets too moved up after a lukewarm start.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,187.01 points, was ruling at 19,452.81 points, up 190.27 points or 0.99 percent from its previous close at 19,262.54 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange was trading 0.98 percent higher at 5,842.45 points.
Broader markets were ruling in the green as well, with the BSE midcap index trading 0.82 percent up and the BSE smallcap index ruling 1.02 percent higher.
Auto, capital goods and IT stocks were among the major gainers. All the 13 sectoral indices were in the positive.
Among major gainers on the Sensex were Jaiprakash Associates, Hindustan Unilever, Tata Motors and TCS, while the losers included Sterlite Industries, Hindalco, Tata Power and Jindal Steel.
The market breadth was positive with 1,758 stocks advancing, 912 on the decline and 93 remaining unchanged.
Other Asian markets moved up inspite of the growing concerns about the radiation leak at the Fukushima nuclear power plant in Japan. The intensity of the radiation leak was Tuesday raised to match the level of Chernobyl.
The Japanese Nikkei average closed 0.9 percent up at 9,641.18 points, while the Shanghai composite index of the Chinese stock exchanges moved up 0.26 percent to rule at 3,029.08 points.
The Hang Seng of the Hong Kong stock exchange too was up, trading 0.71 percent higher at 24,146.21 points.
- Sensex climbs 434 points; capital goods, auto stocks surge - Apr 13, 2011
- Sensex holds on to gains, but slips from 18,000 - Feb 29, 2012
- Sensex in see-saw trade, consumer durables, realty stocks up - Mar 27, 2012
- Sensex slips after touching 18,000 points - Mar 14, 2012
- Markets closed on account of Ram Navmi - Apr 12, 2011
- Sensex starts week on strong footing - Feb 06, 2012
- Benchmark indices subdued, midcaps rise - Feb 09, 2012
- Sensex off day's highs, holding in green - Mar 20, 2012
- Sensex rises in afternoon trade, capital goods scrips lead - Mar 21, 2012
- Sensex up 114 points in early trade - Mar 31, 2011
- Sensex holds on to gains, metals, realty scrips gain - Mar 13, 2012
- Sensex rises ahead of budget - Feb 28, 2011
- Sensex builds on morning gains, up 370 points in afternoon (Lead) - May 13, 2011
- Sensex rises in morning trade - May 27, 2011
- Sensex gains 100 points; DLF, NTPC rise - Apr 02, 2012
Tags: auto capital, bombay stock exchange, chinese stock, hindalco, hong kong stock, hong kong stock exchange, index trading, jindal steel, kong stock exchange, market breadth, national stock exchange, nikkei average, nuclear power plant, radiation leak, sectoral indices, sensitive index, shanghai composite index, smallcap index, tata motors, tata power