Sensex jumps by 222.80 pts
Economy

Sensex jumps by 222.80 pts

Agency News

Mumbai, Apr 16: The benchmark index of Bombay stock exchange on Thursday bounced back by 222.80 points to 30,602.61, snapping a losing streak of last two sessions on fresh buying in capital goods, power, oil and gas stocks. The Nifty of national stock exchange too rose by 67.50 pts to 8,992.80. The Nifty registered days high and low at 9,053.74 and 8821.90 pts respectively. High oscillation was seen during the day in the Indian market today.

The Sensex opened on a negative note at 30,095.51, declining by 284 pts. It was lost ground by 363 pts to 30,016.17, days low figure. Later, it erased it's earlier losses and jumped nearly 521 pts to 30,800.20 days high before closing at 30,602.61, up by 222.80 pts from its previous close. The sectoral indices include capital goods, power, utilities, oil and gas and consumer durable pushed the market up. In scrips, NTPC, ICICI Bank, Titan and Sun Pharma came to the rescue. NTPC was the star gainer, up by 5.85 pc to Rs 95.15. However, the selling in IT, telecom, technology and FMCG capped from further gain, broker informed. The mid-cap rose by 1.42 pc and small-cap by 1.71 pc. In 30 scrips of bundle, 20 were advanced while 10 were declined. Benchmark indexes in Australia, Hong Kong and Shanghai fell between 0.4 pc and 1.3 pc. Oil prices remained stable today after sharp losses in the previous session. Brent crude was down 19 cents at $27.50 a barrel. (UNI)

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