Sensex Snaps Five-Day Fall, Soars 220 Points


The broad-based National Stock Exchange index Nifty reclaimed the 7,500-mark by jumping 72.50 points, or 0.97 per cent, at 7,526.65.

Firm Asian markets, mixed European opening and record closing on US markets on Monday on better-than-expected earnings by Citigroup also helped boost investor sentiment in domestic market.

Major gainers were BHEL at 4.31 per cent, SBI 4.43 per cent, L&T 2.21 per cent, Mahindra and Mahindra 2.59 per cent, Axis Bank 2.89 per cent, Coal India 1.52 per cent, GAIL 1.28 per cent, ONGC 2.49 per cent, RIL 1.20 per cent, ICICI Bank 3.33 per cent, Tata Steel 2.92 per cent and Tata Motors 1.37 per cent.

Consumer durables index outshined other sectors. The BSE consumer durables sector index gained the most by rising 2.84 per cent, followed by banking sector index (up 2.64 per cent, PSU index (2.42 per cent), capital goods index (2.30 per cent), realty index (2.37 per cent), metal index (1.33 per cent) and oil and gas index (1.64 per cent).

FMCG and IT sector index, however, ended in the negative territory.

The mid cap index also turned active with buying seen in several of its constituents. Midcap index up 2.06 per cent and small cap up 2.279 per cent.

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Source: PTI