Sensex soars, Asian cues help
February 17th, 2012 - 2:23 pm ICT by IANS
Mumbai, Feb 17 (IANS) A benchmark index at Indian equities markets Friday continued to manage to hold on to its robust morning gains with power and consumer durable stocks leading gainers. Asian cues too were positive.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 18,331.2 points, and was ruling at 18,376.22 points, 222.73 points or 1.23 percent up from its previous close at 18,153.99 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange was trading higher at 5,593.6 points, up 71.65 points or 1.28 percent from its previous close.
Broader markets were also in the green, with the BSE 500 index trading 1.23 percent up. The BSE midcap index was up 0.83 percent while the BSE smallcap index gained 0.99 percent.
As per the sectoral indices on the BSE, power, consumer durables, capital goods and realty stocks were on the rise.
Prominent gainers on the 30-scrip Sensex included BHEL, Sterlite, SBI and RIL, while losers included Maruti Suzuki, Hero MotoCorp, Bajaj Auto and GAIL.
The market breadth was positive with 1,675 stocks advancing, 1,042 on the decline and 132 unchanged.
Asian markets rose on signs that eurozone officials will soon approve a long-awaited bailout for Greece, reducing the risk of a debt default. Positive jobs and manufacturing data, a sign of healthiness in the US economy also enthused investors.
The Japanese Nikkei rose 1.58 percent to close at 9,384.17 points, while Hong Kong’s Hang Seng was trading 0.57 percent higher at 21,398.26 points.
The Chinese Shanghai Composite index, also moved up 0.1 percent to trade at 2,359.26 points.
- Sensex closes 135 points up, seventh straight weekly gain (Roundup) - Feb 17, 2012
- Sensex closed 137 points up (Lead) - Feb 17, 2012
- Sensex falls 58 points; IT, metal stocks slump - Apr 10, 2012
- Sensex down 119 points; consumer durable, auto stocks fall - May 23, 2012
- Sensex soars after Monday's losses - Feb 28, 2012
- Sensex holds on to gains, but slips from 18,000 - Feb 29, 2012
- Sensex flat as traders take a breather after rally (Roundup) - Feb 16, 2012
- Sensex off day's highs, holding in green - Mar 20, 2012
- Sensex consolidates, broader markets rise (Roundup) - Jul 04, 2011
- Sensex in see-saw trade, consumer durables, realty stocks up - Mar 27, 2012
- Sensex ruling in green; realty, consumer durables gain - Mar 06, 2012
- Sensex remains choppy; ICICI Bank, M&M; rally - Apr 27, 2012
- Sensex ends in green; FMCG, auto stocks rally (Lead) - Apr 10, 2012
- Indian markets ruling higher, Asian cues positive - Feb 08, 2012
- Sensex starts week on strong footing - Feb 06, 2012
Tags: asian markets, bailout, benchmark index, bombay stock exchange, bse, capital goods, consumer durables, debt default, healthiness, index trading, market breadth, midcap index, national stock exchange, realty stocks, ril, sectoral indices, sensex soars, sensitive index, shanghai composite index, smallcap index