Sensex up 244 points; bank, capital goods stocks rally
A benchmark index for Indian equities markets Tuesday was up 244 points following a healthy buying spree in bank, capital goods, metal, fast moving consumer goods (FMCG), automobile, healthcare and oil and gas stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,616.55 points, was ruling at 18,781.33 points around 11.30 p.m., up 244.32 points or 1.32 percent from its previous close at 18,537.01 points.
The benchmark index touched a high of 18,796.15 points and low of 18,616.55 points intra-day. The BSE midcap index was up 74.01 points, the smallcap index was higher by 62.30 points.
The wider 50-scrip S and P CNX Nifty of the National Stock Exchange was up 69.90 points or 1.24 percent at 5,705.80 points.
The bank index was up 205.97 points, while the capital goods index edged higher by 127.06 points, followed by metals index, up 115.10 points, automobile index, up 94.21 points, FMCG index, up 81.64 points, healthcare index, up 70.77 points and oil and gas index, higher by 70.24 points.
Among other Asian markets, Japan's Nikkei rose 0.37 percent, while Hong Kong's Hang Seng gained 0.35 percent. However, China's Shanghai Composite Index was down 0.70 percent.