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This is an archive article published on March 23, 2010

Sensex closes up 40 points

The benchmark Sensex of BSE closed higher by a moderate over 40 points on Tuesday.

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The benchmark Sensex of BSE closed higher by a moderate over 40 points on Tuesday after a fag-end selling by funds minimised the handsome gains it posted early trading.

The 30-share Sensex settled the day 17,451.02,a moderate gain of 40.45 points from its previous close.

In early trade,the barometer index surged over 120 points to the day8217;s high of 17,530.79 points. However,a bout of selling towards the end of the day by institutional investors minimised the early gains.

The National Stock Exchange index Nifty also ending with a gain of 20.10 points to 5,225.30.

Marketmen said investors resorted to selling ahead of the current month settlement in the derivatives sector on Thursday. Also,tomorrow being a holiday on account of Ram Navami,investors squared off their positions,they added.

Among the 30 index stocks,14 gained while 15 others ended with losses and Hindustan Unilever remained unchanged.

 

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