Wednesday 16 April 2014
News updated at 4:16 PM IST
Weather
Max: 34°C
Min : 22.7°C
In Bangalore
Sunny day

Global stocks helps Sensex regain 19k

Mumbai, Nov 29, 2012, DHNS

 Key benchmark indices on Friday logged gains for third straight session of trade to settle at 19-month highs boosted by firm global stocks on one hand and on the other hand, deadlock in Lok Sabha ended as Speaker Meira Kumar allowed a debate on foreign direct investment (FDI) in multi-brand retail under Rule 184 that entails voting.

The market breadth was positive on Friday as eleven of the 13 sectoral indices on the BSE logged gains. Index heavyweight and cigarette maker ITC edged higher, while another index heavyweight RIL gained. Firm global cues and consistent buying among auto, banking, capital goods and oil & gas shares led the strong rally.

Initial data showed that foreign institutional investors (FIIs) made heavy purchases of Indian stocks on November 27, 2012, boosting sentiment. FIIs bought shares worth a net Rs 1082.74 crore on Tuesday, as per data from the bourses.

The popular Sensex at BSE was up 328.83 points or 1.75 per cent  to settle at 19,170.91 points, its highest closing level since April 28, 2011. The index surged 363.25 points at the day’s high in late trade and rose 31.55 points at the day’s low in early trade.


The 50-unit S&P CNX Nifty at NSE shot up 97.55 points or 1.70 per cent to 5,825, its highest closing level from April 27, 2011. The index hit a high of 5,833.50 and a low of 5,736.10 in intraday trade.

From broader markets, the BSE Mid-Cap index rose 1.26 per cent and the BSE Small-Cap index gained 0.45 per cent. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive with as many as 1679 shares on BSE gained and 1263 shares fell while a total of 120 shares remained static. The turnover on BSE amounted to Rs 3328 crore, higher than Rs 3239 crore on Tuesday.

Go to Top

Photo Gallery
US actress Emma Stone poses for the media during the Germany premiere of the movie 'The Amazing ...

US actress Emma Stone poses for the media during the Germany premiere of the movie 'The Amazing ...

2013 Boston Marathon bombing survivor Erika Brannock, a pre-school teacher from the Baltimore ...

2013 Boston Marathon bombing survivor Erika Brannock, a pre-school teacher from the Baltimore ...

Family members and survivors of the 2013 Boston Marathon bombing walk down Boylston Street for a rem

Family members and survivors of the 2013 Boston Marathon bombing walk down Boylston Street for a rem

An injured passenger who was on a sinking ship, is rescued by South Korean maritime policemen ...

An injured passenger who was on a sinking ship, is rescued by South Korean maritime policemen ...

A passenger is rescued by South Korean maritime policemen from a sinking ship in the sea off ...

A passenger is rescued by South Korean maritime policemen from a sinking ship in the sea off ...

South Korea rescue helicopters fly over to rescue passengers from passenger ship Sewol ...

South Korea rescue helicopters fly over to rescue passengers from passenger ship Sewol ...

South Korean rescue helicopters fly over a South Korean passenger ship, trying to rescue ...

South Korean rescue helicopters fly over a South Korean passenger ship, trying to rescue ...

Britain's Kate, the Duchess of Cambridge meets with a girl during a walkabout in the Civic Square...

Britain's Kate, the Duchess of Cambridge meets with a girl during a walkabout in the Civic Square...

Britain's Prince William carries Prince George with his wife Kate, the Duchess of Cambridge ...

Britain's Prince William carries Prince George with his wife Kate, the Duchess of Cambridge ...

This multiple-exposure composite photo of the moon was made beginning at 1 a.m., CDT, Tuesday ...

This multiple-exposure composite photo of the moon was made beginning at 1 a.m., CDT, Tuesday ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523