BSE Sensex rises 222 points,Nifty crosses 6000-mark

Paring early losses,the BSE benchmark today rose by 222.59 points in the late morning trade.

Written by Fe Bureau | Mumbai | Published:May 2, 2013 9:49 am

Paring early losses,the BSE benchmark today rose by 222.59 points in the late morning trade on fresh buying mainly in IT,tech,banking,realty and consumer sectors on the back of persistent capital inflows.

The Sensex opened lower at 19,459.33 and declined further to 19,451.26 on profit-booking from operators. However,it recovered afterwards to 19,610.46 before quoting at 222.53 at 1145 hrs,showing a gain of 1.14 per cent from its last close.

The NSE 50-share Nifty went past 6,000 mark and was trading up 76.20 points or 1.28 per cent to 6,008.40 at 1248 hrs.

Major gainers were Reliance Comm (7.22%),Unitech (3.71%),TCS (3.14 per cent),SBI (2.51 per cent),HDFC (1.86 per cent),Infosys (2.03per cent).

However,Bharti Airtel dropped by 1.43 per cent on weak Q4 results,Essar Oil was 3.55% down.

Foreign institutional investors (FIIs) bought shares worth a net Rs 876.93 crore on Tuesday as per provisional data from the stock exchanges.

Asian shares were trading lower in their early trade weighed by a fall in US equities overnight and caution before the European Central Bank’s interest rate decision later in the session.

Key benchmark indices in China,Hong Kong,Indonesia,Japan and South Korea fell by 0.21 per cent to 0.55 per cent while indices in Taiwan and Singapore rose by 0.41 per cent to 0.9 per cent.

With PTI inputs

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