Mumbai, April 1: Getting over its initial volatility, the benchmark Sensex continued its upward journey and ended higher by another 193 points on firm Asian cues.
The Bombay Stock Exchange 30-share barometer resumed weak and immediately touched a low of 9,546.29 but gradually recovered sharply to settle the day at 9,901.99, a smart rise of 193.49 points or 1.99 per cent over its last close.
Yesterday, the bellwether index was up by 140.36 points or 1.47 per cent.
The broad-based 50-issue Nifty of the National Stock Exchange also improved further by 39.40 points or 1.30 per cent to 3,060.35 from its last close.
Barring Hong Kong, which closed in negative terrain, other Asian markets ended firm following a strong rally on Wall Street. Japan rose by 2.99 per cent, South Korea by 2.25 per cent, Taiwan by 1.99 per cent, China by 1.47 per cent and Singapore by 0.13 per cent.
However, European markets displayed weak trends at their opening. France was down by 1.39 per cent, Germany by 1.10 per cent and the UK by 0.71 per cent. Foreign institutional investors (FIIs) continued their selling activity for the second straight day and they pulled out Rs 583.65 crore on March 31, as per provisional data. Realty, IT, refinery and banking counters were in keen demand on good buying support.
In the Sensex pack, Ranbaxy Lab flared up by 7.73 per cent, HDFC by 6.70 per cent, Reliance Infra by 6.64 per cent, DLF by 5.68 per cent, ICICI Bank by 5.07 per cent, Infosys Tech by 3.88 per cent, Tata Power by 3.82 per cent, RIL by 3.69 per cent, ONGC by 3.10 per cent, REL Com by 3.06 per cent and HDFC Bank by 3.03 per cent.
However, Sun Pharma dropped by 4.23 per cent, BHEL by 2.15 per cent, Grasim by 1.99 per cent, Bharti Airtel by 1.72 per cent and Sterlite Ind by 1.21 per cent.
The realty index spurted by 84.49 points or 5.41 per cent, the IT index by 72.45 points or 3.17 per cent, the oil & gas index by 202.96 points or 2.88 per cent and the bankex by 111.18 points or 2.48 per cent.
The total market depth remained strong as 1,823 counters ended with gains and 558 with losses on the BSE.
The trading volume was relatively low at Rs 3,887.60 crore from Rs 3,993.40 crore on Tuesday. RIL was the most active share with the highest turnover of Rs 282.19 crore, followed by Reliance Capital (Rs 246.44 crore), ICICI Bank (Rs 227.63 crore), Reliance Infra (Rs 174.75 crore) and SBI (Rs 134.90 crore). (PTI)
The Bombay Stock Exchange 30-share barometer resumed weak and immediately touched a low of 9,546.29 but gradually recovered sharply to settle the day at 9,901.99, a smart rise of 193.49 points or 1.99 per cent over its last close.
Yesterday, the bellwether index was up by 140.36 points or 1.47 per cent.
The broad-based 50-issue Nifty of the National Stock Exchange also improved further by 39.40 points or 1.30 per cent to 3,060.35 from its last close.
Barring Hong Kong, which closed in negative terrain, other Asian markets ended firm following a strong rally on Wall Street. Japan rose by 2.99 per cent, South Korea by 2.25 per cent, Taiwan by 1.99 per cent, China by 1.47 per cent and Singapore by 0.13 per cent.
However, European markets displayed weak trends at their opening. France was down by 1.39 per cent, Germany by 1.10 per cent and the UK by 0.71 per cent. Foreign institutional investors (FIIs) continued their selling activity for the second straight day and they pulled out Rs 583.65 crore on March 31, as per provisional data. Realty, IT, refinery and banking counters were in keen demand on good buying support.
In the Sensex pack, Ranbaxy Lab flared up by 7.73 per cent, HDFC by 6.70 per cent, Reliance Infra by 6.64 per cent, DLF by 5.68 per cent, ICICI Bank by 5.07 per cent, Infosys Tech by 3.88 per cent, Tata Power by 3.82 per cent, RIL by 3.69 per cent, ONGC by 3.10 per cent, REL Com by 3.06 per cent and HDFC Bank by 3.03 per cent.
However, Sun Pharma dropped by 4.23 per cent, BHEL by 2.15 per cent, Grasim by 1.99 per cent, Bharti Airtel by 1.72 per cent and Sterlite Ind by 1.21 per cent.
The realty index spurted by 84.49 points or 5.41 per cent, the IT index by 72.45 points or 3.17 per cent, the oil & gas index by 202.96 points or 2.88 per cent and the bankex by 111.18 points or 2.48 per cent.
The total market depth remained strong as 1,823 counters ended with gains and 558 with losses on the BSE.
The trading volume was relatively low at Rs 3,887.60 crore from Rs 3,993.40 crore on Tuesday. RIL was the most active share with the highest turnover of Rs 282.19 crore, followed by Reliance Capital (Rs 246.44 crore), ICICI Bank (Rs 227.63 crore), Reliance Infra (Rs 174.75 crore) and SBI (Rs 134.90 crore). (PTI)
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