Sensex bounces back by 170.42 pts

Sensex bounces back by 170.42 pts

Agency News

Mumbai, Nov 14 : The benchmark index of Bombay Stock Exchagne (BSE) on Thursday jumped by 170.42 points to 40,286.48 following gains in It, Bankex, Realty and Consumer Durable stocks despite weak Asian Market.

The National Stock Exchange (NSE) too rose by 30 points to 11,870.45.

Nifty registered days high and low at 11,895.65 and 11,802.65 points respectively.

Sliding by 229 points on Wednesday, the day opened on a flat note at 40,178.93, rising by 2 points. Later, it surged by 232 points to 40,348.61, day high before closing at 40,286.48, advancing by 170.42 points from its last close.

Meanwhile, it was slipped by 98 points to 40,026.99, day low.

The sectoral indices like Finance, IT, Bankex, Consumer Durable and Realty pushed the market up today. Selling in Power, Capital Goods, Telecom and Industrials capped from further gain, broker informed.

In scrips, ICICI Bank, Infosys, Bajaj Finance, Maruti Suzuki and HDFC Bank gave support to the market.

The S&P BSE Mid-Cap index rose 0.14 pc while the S&P BSE Small-Cap index ended 0.01 pc lower. Overseas, most shares in Europe and Asia declined after China's October industrial production data missed expectations. Sentiment was soured after trade negotiations between the U.S. and China are understood to have hit a roadblock. (UNI)