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This is an archive article published on April 22, 2010

Sensex closes up 101 points,SBI leads

The Sensex ended 101 points higher to extend the gains for the third day in succession.

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The Bombay Stock Exchange benchmark Sensex ended 101 points higher to extend the gains for the third day in succession.

Sensex,during the day,rose over 300 points to touch a high of 17,778.34. Fag-end profit-booking,however,trimmed the gains and the barometer closed at 17,573.99.

The wide-based National Stock Exchange index Nifty rose by 24.45 to 5,269.35.

A rise in stocks of oil and gas,auto and banking sectors pushed the benchmark index up,while realty,metal and power stocks were hit.

Reliance Industries rose in anticipation of the company posting good results in the fourth quarter on Friday,while State Bank of India gained the most in five months at Rs 2,222.65,or 5.58 per cent,after the global financial company UBS upgraded the stock.

 

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