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Thursday, December 12, 2019

Sensex closes 27 pts up,telcos rise

BSE benchmark index pared a substantial portion of its 128-pt rise and ended 26.73 pts higher at 17,425.73

Written by Agencies | Mumbai | Published: July 3, 2012 5:08:07 pm

Key benchmark indices in China,Hong Kong,Japan,South Korea,Singapore and Taiwan closed up between 0.14 per cent and 1.51 per cent.

European stocks were trading in positive terrain in their afternoon deals as investors bet on further policy action from the regions’s central bank to spur growth after Monday’s weak manufacturing data from Eurozone. France’s CAC was up by 0.29 per cent,Germany’s DAX was trading 0.69 per cent higher and the UK’s FTSE was also up by 0.24 per cent.

Major gainers from the Sensex pack were Bharti Airtel (3.11 pc),Hindalco (2.27 pc),Coal India (1.96 pc),HDFC (1.96 pc),Gail India (1.87 pc),Dr Reddy Lab (1.49 pc),ONGC (1.44 pc),Sterlite (1.06 pc) and Maruti Suzuki (0.90 pc).

However,Bhel fell by 1.59 per cent,followed by Jindal Steel (1.46 pc),TCS (1.43 pc),ITC (1.3 pc) and Hindustan Unilever (1.04 pc).

Among the sectoral indices,the BSE-Consumer Durable rose by 2.98 per cent,followed by the BSE-Realty (1.97 pc),the BSE-PSU (1.03 pc) and the BSE-Metal (0.77 pc) while the BSE-FMCG declined by 0.76 per cent and the BSE-IT slid by 0.50 per cent.

Second line stocks attracted good buying support on buying by retail investors and outperformed the Sensex as the BSE Smallcap index rose by 0.80 per cent and the BSE-Midcap inched up by 0.48 per cent.

The market breadth remained positive as 1,728 shares finished higher while 1,139 scrips ended lower. The total turnover firmed up to Rs 2,062.65 crore from Rs 1,979.08 crore yesterday.

Meanwhile,foreign institutional investors (FIIs) bought shares worth Rs 591.06 crore yesterday,as per provisional data from the stock exchanges.

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