Sensex gains 224.50 points on fresh buying

Sensex gains 224.50 points on fresh buying

Agency News

Mumbai, Sep 6: The BSE Sensex recovered on Thursday by 224.50 points to end the volatile session on a positive note at 38,242. 81, snapping the losing streak of last six sessions, on fresh buying in Energy, Health Care, Industrials and Bankex counters amid weaker global cues.

The 30-share Sensex stayed choppy on alternate bouts of buying and selling and shuttled between 38,320.96 and 37,912.50. It finally ended 224.50 points or 0.59 percent higher at 38,242.81.

The Nifty of National Stock Exchange (NSE) too moved up by 59. 95 points to 11,536. It touched a high of 11,562.25, before finally settling at 11,536.90, showing a gain of 59.95 points, or 0.52 percent. Intra-day, it touched a low of 11,436.05.

Benchmarks largely benefited from value buying in beaten-down stocks lead by RIL and Sun Pharma, tracking a rebound in European shares in late-morning trade, traders said. (UNI)