Monday 3 November 2008

Sensex, Nifty end at day's high

Fresh buying in the last one hour of trade saw indices close towards day’s high on Monday. Rate cut by the Reserve Bank of India provided much needed momentum to capital goods, power, realty and banking stocks. All the sectoral indices ended in the green.

Bombay Stock Exchange’s Sensex closed at 10,358.75, up 5.83 per cent or 570.69 points. The index touched an intra-day high of 10,363.31 and a low of 10,112.66.

National Stock Exchange’s Nifty ended at 3057.15, up 5.95 per cent or 171.55 points. The 50-share index hit a high of 3062.05 and a low of 2885.40.

BSE Midcap Index ended 4.89 per cent higher and BSE Smallcap closed 4.47 per cent up.

Amongst the sectoral indices, BSE Capital Goods Index surged 9.18 per cent, BSE Realty Index jumped 8.15 per cent and BSE Power Index surged 7.68 per cent.

Reliance Infrstructure (20.39 per cent) Jaiprakash Associates (18.02 per cent), DLF (15.73 per cent), Ranbaxy Laboratories (14.34 per cent) and State Bank of India (14.02 per cent) were the top Sensex gainers.

Satyam Computers (- 1.56 per cent) and Infosys Technologies (-1.06 per cent) were the top losers.

Market breadth was positive on the BSE with 1968 advances and 634 declines.

(All the figures are provisional)

Source: EconomicTimes

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