Bourses turn buoyant as Euro Zone debt woes ebb

 Key benchmark indices, on Monday, edged higher for the second straight day, with firm global stocks and data showing resumption of buying of domestic stocks by foreign institutional investors (FIIs) boosting sentiment. At the same time, upmove in global markets ahead of ECB and FOMC meet too aided the rally in D-Street.

The Sensex at BSE jumped 304.49 points or 1.81 per cent to settle at 17,143.68, its highest closing level since July 20, 2012. The index surged 324.76 points at the day’s high in late trade and rose 79.95 points at the day's low in early trade. The 50-unit S&P CNX Nifty jumped 99.95 points or 1.96 per cent to settle at 5,199.80, its highest closing level since July 20, 2012. The Nifty hit a high of 5,206.60 and a low of 5,129.75 in intraday trade.  From broader markets, the BSE Mid-Cap index rose 1.53 per cent and the BSE Small-Cap index rose 1.29 per cent.

With the day’s closing, the Sensex has jumped 1688.76 points or 10.93 per cent in calendar 2012 so far (till 30 July 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2007.82 points or 13.27 per cent. From a 52-week high of 18,523.78 on 22 February 2012, the Sensex has lost 1380.10 points or 7.45 per cent.