Press Esc to close
Thursday 17 August 2017
News updated at 3:12 PM IST

Sensex rallies 133 points on US 'fiscal cliff' deal

Mumbai, Jan 2, 2012, (IANS): 17:39 IST
The bullish trend at the Indian equities markets continued for the second day of the New Year, as a benchmak index surged 133 points more Wednesday after US lawmakers cleared the deal on the “fiscal cliff”.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 19,693.30 points, ended the day at 19,714.24 points, up 0.68 percent or 133.43 points from its previous day close at 19,580.81 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange soared past the psychological resistance level of the 6,000-points mark for the first time since Jan 7, 2011.
The Nifty closed 0.71 percent or 42.40 points higher at 5,993.25 points after crossing 6,000 points mark intra-day.

The Indian stock markets rallied for the second day after members of US House of Representatives approved the budget deal under which taxes would remain steady for the middle class.

There was broad-based buying in the Indian equities markets.

Foreign investors Wednesday poured in Rs.817.90 crore in equity.

Most of the sectoral indices ended the day in the positive zone.

The BSE consumer durables index surged 1.65 percent. The capital goods index advanced 1.40 percent, the oil and gas index jumped 1.29 percent and the PSU index closed 1.02 percent higher.

The major Sensex gainers were Bajaj Auto, up 3.07 percent higher at Rs.2,202.60; Maruti Suzuki, up 2.74 percent at Rs.1,557.70; ONGC, up 2.50 percent at Rs.274.40; BHEL, up 2.38 percent at Rs.238.30 ; and Sterlite Inds, up 2.19 percent at Rs.121.45.

Only seven of the 30 Sensex scrips closed in the red.

Wipro, down 0.78 percent at Rs.393.75; ITC, down 0.61 percent at Rs.285.50; Mahindra & Mahindra, down 0.44 percent at Rs.937.15; and Coal India, down 0.35 percent at Rs.358.75 were among the main losers.

Go to Top

Photo Gallery
A street memorial is lit during a candlelight vigil for Elvis Presley in front of Graceland...

A street memorial is lit during a candlelight vigil for Elvis Presley in front of Graceland...

Festival goers participate in a color party at the 25th Sziget (Island) Festival...

Festival goers participate in a color party at the 25th Sziget (Island) Festival...

Manchester City's Phil Foden, right, duels for the ball during the Costa Brava trophy friendly...

Manchester City's Phil Foden, right, duels for the ball during the Costa Brava trophy friendly...

A zoo keeper holding the 2.5-month old Borneo Orangutan baby 'Hujan' in her arms in Krefeld...

A zoo keeper holding the 2.5-month old Borneo Orangutan baby 'Hujan' in her arms in Krefeld...

Border Security Force (BSF) personnel wave the Tricolor and perform Bhangra as they...

Border Security Force (BSF) personnel wave the Tricolor and perform Bhangra as they...

Congress Vice President Rahul Gandhi, Karnataka Chief Minister Siddaramaiah...

Congress Vice President Rahul Gandhi, Karnataka Chief Minister Siddaramaiah...

A model walks the ramp during Lakme Fashion Week displaying Ritu Kumar's collection in Mumbai...

A model walks the ramp during Lakme Fashion Week displaying Ritu Kumar's collection in Mumbai...

: Flood-affected villagers commute to safer places using a boat at Morigaon district in Assam...

: Flood-affected villagers commute to safer places using a boat at Morigaon district in Assam...

Monkeys playing with a water pipe near Vijay Chowk in New Delhi on Wednesday

Monkeys playing with a water pipe near Vijay Chowk in New Delhi on Wednesday

Flamingoes preening in their enclosure at the zoo in Duisburg, Germany, 16 August 2017.

Flamingoes preening in their enclosure at the zoo in Duisburg, Germany, 16 August 2017.

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
Powered by Yodasoft Technologies Pvt. Ltd.