<p>The Bombay Stock Exchange benchmark Sensex resumed higher by 142 points and touched an intraday high of 15,951.07 points before ending at 15,915.65, a net rise of 124.72 points or 0.79 per cent from its last close, when it crashed by 434 points on global cues.<br />Significantly, all the sectoral indices ended in the green, with the worst hit sectors in the past two sessions— realty, metals, oil & gas and IT counters— leading the rally.<br />The National Stock Exchange’s 50-share Nifty also shot up by 38.60 points or 0.82 per cent to finish at 4,757.25 from its previous close, after opening over 42 points.<br />Domestic equities on Saturday jumped during the 90-minutes special trading session held on the back of a strong intra-day rebound of US stocks late last evening. <br /><br />US unemployment<br />The US unemployment rate surprisingly fell to a five-month low in January 2010, data showed on Friday, coupled with speculation that which revved up market sentiments there and percolated to India too. <br /><br />That apart, Dalal Street derived some consolation from Prime Minister’s Economic Advisory Council Chairman C Rangarajan’s statements on the Friday that the Centre might not roll back economic stimulus measures at one-go and efforts will be there in the budget to lower fiscal deficit, observed market analysts.<br /><br />The country’s two major stock exchanges, National Stock Exchange (NSE) and BSE held a special 90-minute trading session to enable NSE test an upgraded trading system. Consequently, the trading in the cash and futures market began at 11 am and ended at 12:30 pm. The market breadth, indicating the overall health of the market was strong, with as many as 1,806 shares on BSE advanced as compared with 657 shares that declined, while a total of 56 shares remained unchanged. As far as the Sensex pack, 25 scrips rose and one fell. <br />DH News Service & PTI</p>
<p>The Bombay Stock Exchange benchmark Sensex resumed higher by 142 points and touched an intraday high of 15,951.07 points before ending at 15,915.65, a net rise of 124.72 points or 0.79 per cent from its last close, when it crashed by 434 points on global cues.<br />Significantly, all the sectoral indices ended in the green, with the worst hit sectors in the past two sessions— realty, metals, oil & gas and IT counters— leading the rally.<br />The National Stock Exchange’s 50-share Nifty also shot up by 38.60 points or 0.82 per cent to finish at 4,757.25 from its previous close, after opening over 42 points.<br />Domestic equities on Saturday jumped during the 90-minutes special trading session held on the back of a strong intra-day rebound of US stocks late last evening. <br /><br />US unemployment<br />The US unemployment rate surprisingly fell to a five-month low in January 2010, data showed on Friday, coupled with speculation that which revved up market sentiments there and percolated to India too. <br /><br />That apart, Dalal Street derived some consolation from Prime Minister’s Economic Advisory Council Chairman C Rangarajan’s statements on the Friday that the Centre might not roll back economic stimulus measures at one-go and efforts will be there in the budget to lower fiscal deficit, observed market analysts.<br /><br />The country’s two major stock exchanges, National Stock Exchange (NSE) and BSE held a special 90-minute trading session to enable NSE test an upgraded trading system. Consequently, the trading in the cash and futures market began at 11 am and ended at 12:30 pm. The market breadth, indicating the overall health of the market was strong, with as many as 1,806 shares on BSE advanced as compared with 657 shares that declined, while a total of 56 shares remained unchanged. As far as the Sensex pack, 25 scrips rose and one fell. <br />DH News Service & PTI</p>