Thursday, June 4, 2009

Sensex jumps into positive zone, up 82 pts

Bombay Stock ExchageMUMBAI: The Bombay Stock Exchange benchmark entered into positive zone after touching a intra day high of 14953.33 and low of 14523.62. At 2.35 pm, it was up 82 points at 14,948.90. similarly, the National Stock Exchange gained 29.20 points at 4,559.90. It was all resulted and inspired by European markets opened in the positive terrain.


The broader index hit a high of 4557.65 and low of 4453.45. BSE Midcap Index was up 1.72 per cent and BSE Smallcap Index gained 1.79 per cent. Amongst sectoral indices, BSE Realty Index was up 2.65 per cent, BSE Healthcare Index gained 2.34 per cent and BSE Capital Goods Index moved 2.34 per cent higher. BSE Metal Index slipped 1.90 per cent and BSE IT Index declined 1.08 per cent. Ranbaxy Laboratories (5.86%), Sun Pharmaceuticals (4.65%), Hindustan Unilever (4.21%), Reliance Communications (2.40%) and Reliance Infrastructure (2.18%) were amongst the Sensex gainers.

Losers included Sterlite Industries (-5.26%), Hindalco Industries (-3.44%), Tata Steel (-3%), Infosys Technologies (-2.18%) and Tata Power (-2.09%). Market breadth remained positive on the BSE with 1979 advances and 783 declines. European markets opened higher Thursday ahead of Bank of England's monetary policy review and as rise in crude oil prices spiked energy shares . FTSE 100 was up 0.52 per cent, CAC 40 gained 0.65 per cent and DAX moved 0.90 per cent higher.

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