Sensex Rallies Nearly 300 Points On FDI Hopes & Cues From Global Peers

MUMBAI – Sensex closed near day’s high led by gains in realty, FMCG and banks on the back of positive cues from global peers. The support of allies to the government over FDI in retail also boosted sentiment. 

The 30-share index ended at 18,831.98, up 294.97 points or 1.59 per cent. It touched a high of 18,862.70 and a low of 18,616.55 in trade today. 

The Nifty closed at 5,725.80, up 89.90 points or 1.60 per cent. The broader index touched a high of 5,733.20 and a low of 5,658 in trade today. 

The BSE Midcap Index was up 1.13 per cent and the BSE Smallcap Index moved up 0.88 per cent. 

Among the sectoral indices, the BSE Realty Index rallied 3.21 per cent, the BSE FMCG Index gained 2.19 per cent, the BSE Bankex moved 1.80 per cent higher and the BSE Metal Index was up 1.31 per cent.

The market breadth was positive on the BSE with 1,701 gainers against 1,179 losers.

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.



Observer News Service

Leave a Reply

Your email address will not be published.