Sensex closes 100 points higher


Sensex closes 100 points higher
Mumbai: A benchmark index for Indian equities markets Monday ended trade with almost a 100-point gain, with realty and IT stocks finding favour among buyers. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,875.97 points, closed at 17,933.17 points (provisional), 99.63 points or 0.56 percent up from its previous close at 17,833.54 points. The chart showing the 52 week performance of Sensex is on the left. It had risen to 18,010.07 points during morning trade on expectation of good quarterly earnings by companies, but slipped after the government announced industrial production grew at a slower pace of 11.5 percent in May, compared to 16.5 percent in the previous month, having been revised downwards from the initial estimate of 17.6 percent. At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty ended at 5,379.35 points, up 0.5 percent from its previous close at 5,352.45 points. Broader markets indices too were quiet, with the BSE midcap index ending 0.2 percent up and the BSE smallcap index 0.6 percent higher.
Source: IANS