Sensex shuts shop 300 points higher (Roundup)

April 23rd, 2009 - 7:33 pm ICT by IANS  

Sensex Mumbai, April 23 (IANS) A key index of the Indian equities markets soared into the green Thursday, with a key index ending trade about 317.45 points higher than its last closing figure.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 10,841.57 points, rose 317.45 points or 2.93 percent from the previous close to end trade at 11,134.99 points.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) shed 2.8 percent to close at 3,423.7 points.

Broader market indices also gained, with the BSE midcap index moving up 1.48 percent, while the BSE smallcap index was up 0.94 percent.

Of the 13 sectoral indices on the exchange, only one - the index for consumer durables - ended in the negative, while indices for IT, metal and realty stocks gained the most.

Among gainers on the Sensex were Wipro, up 11.11 percent at Rs.312.95; Tata Steel, up 8.98 percent at Rs.262.80; Grasim, up 7.21 percent at Rs.1,706; and Reliance Infra, up 6.67 percent at Rs.712.95.

There were only three losing scrips — Sun Pharma, down 0.42 percent at Rs.1,175.35; Hindustan Unilever, down 0.31 percent at Rs.240.25; and Bharti Airtel, down 0.25 percent at Rs.708.90.

The overall market sentiment was positive, with 1,441 stocks advancing, 1,056 declining and 103 remaining unchanged.

In other Asian markets, a key Japanese index - the Nikkei of the Tokyo Stock Exchange - Thursday closed 119.71 points above its last closing figure at 8,847.01 points.

The Hang Seng, a key index of the Hong Kong Stock Exchange, closed lower at 14,878.45 points, 407.44 points below its previous close.

European markets were trading in the negative terrain, with the FTSE in Britain ruling 37.12 points higher than its previous close, and its French peer CAC 40 ruling 21.41 points up.

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