Press Esc to close
Monday 27 March 2017
News updated at 10:22 AM IST

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
MDMK chief Vaiko interacts with Tamilnadu farmers during a protest at Jantar Mantar in New Delhi...

MDMK chief Vaiko interacts with Tamilnadu farmers during a protest at Jantar Mantar in New Delhi...

Administrative officers and people together take the oath for National Mission...

Administrative officers and people together take the oath for National Mission...

Bollywood actor Alia Bhatt visits a dance academy in Mumbai on Saturday...

Bollywood actor Alia Bhatt visits a dance academy in Mumbai on Saturday...

Folk artists perform at a cultural event in Chikmagalur on Saturday...

Folk artists perform at a cultural event in Chikmagalur on Saturday...

The three woman Rotarians Meenakshi Aravinth, Mookambika Rathinam and Priya Rajpal...

The three woman Rotarians Meenakshi Aravinth, Mookambika Rathinam and Priya Rajpal...

Spirited Indian cricket fans waving the tricolour during the second day of last Test match...

Spirited Indian cricket fans waving the tricolour during the second day of last Test match...

Industrialist S K Birla honours Infosys Foundation chairperson Sudha Narayana Murthy...

Industrialist S K Birla honours Infosys Foundation chairperson Sudha Narayana Murthy...

Austria's Stefan Kraft, the overall winner, kisses the trophy at the World Cup Ski Jumping final...

Austria's Stefan Kraft, the overall winner, kisses the trophy at the World Cup Ski Jumping final...

Prime Minister Narendra Modi addresses an event organised at the residence of Union I & B Minister..

Prime Minister Narendra Modi addresses an event organised at the residence of Union I & B Minister..

People look at floral tributes in Parliament Square, London, Sunday, March 26, 2017, laid out...

People look at floral tributes in Parliament Square, London, Sunday, March 26, 2017, laid out...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523