Sensex Closes Over 100 Points Up,Value Buying Boosts Markets


MUMBAI: Value buying of stocks after two sessions of losses and hopes of a delay in next month's U.S. rate hike decision boosted sentiments in the Indian equity markets on Wednesday.

Bullish sentiments were seen on the S&P Bombay Stock Exchange (BSE) with its barometer 30-scrip sensitive index (Sensex) provisionally closing over 100 points or 0.36 percent -- up during the day's trade.

The positive sentiments were milder at the wider 50-scrip Nifty of the National Stock Exchange (NSE). It inched up only 28.60 points or 0.34 percent at 8,495.15 points.

The S&P BSE Sensex, which opened at 27,851.81 points, provisionally closed at 27,931.64 points (at 3.35 p.m.) up 100.10 points or 0.36 percent from the previous day's close at 27,831.54 points.

The Sensex touched a high of 28,021.39 points and a low of 27,721.25 points in the intra-day trade.

Source: IANS