Sensex zooms 361 points; auto stocks rally
A benchmark index of Indian equities markets Tuesday closed trading 361.53 points or 1.42 percent up as auto stocks surged.
Almost all the sectors ended in green, except technology, media and entertainment (TECK) stocks. Good buying was observed in auto, banking, capital goods, oil and gas, consumer durables, metals and healthcare sectors.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,703.78 points, closed at 25,880.77 points, up 361.53 points or 1.42 percent from the previous day's close at 25,519.24 points.
The Sensex has touched a high of 25,904.98 points and a low of 25,645.79 points in the trade.
The S&P BSE auto index surged 285.99 points, bankex gained by 240.43 points, capital goods index got augmented by 180.18 points, oil and gas index moved up by 175.70 points, consumer durables index increased by 119.48 Apoints, metal index inched up by 114.96 points and healthcare index went up by 156.74 points.
However, TECK index dropped by 2.66 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed trading 101.10 points or 1.33 percent up at 7,727.05 points.
(Posted on 12-08-2014)