Sensex bounces back, closes up 153 pts

Reuters
Posted: Friday, Nov 13, 2009 at 1549 hrs IST
Updated: Friday, Nov 13, 2009 at 1549 hrs IST

Font Size

Feedback

Discuss

Discount UK Shopping

Rupee gains 7 paise against dollar in early trade Sensex breaks 18 year old record Asia stocks set for near 70 pct gain in 2009 Sensex cracks 17k level on inflation worries

Bangalore: The Bombay Stock Exchange benchmark Sensex gained over 150 points with institutional investors buying fundamentally strong blue-chip stocks in IT and auto sectors.

The Sensex, which had lost 154 points in the previous session, bounced back to close higher by 152.80 points at 16,848.83.

The 50-share National Stock Exchange index Nifty also rose by 46.30 points to 4,998.95. In volatile trading, the Nifty touched the day's high of 5,017.90 and a low of 4,942.65.

Sensex heaviest and petrochemical giant RIL spurted by Rs 16.50 to close at Rs 2,116.70. IT stocks Infosys, TCS and Wipro also notched up decent gains in the range 1-2 per cent.

Besides IT stocks, auto shares also rose with Hero Honda, Maruti Suzuki and Tata Motors recording attracting buying. The sector index gained by 1.50 per cent to 6,777.49.

Secotral wise, the metal index was the best performer at 1.66 per cent.

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Comments

» Bullish - Bullshit!

Posted by Lord Squid on 2009-11-14 12:03:22.345666+05:30
What's new and what's news? This is done every year. The market will continue to rise till Feb. Once the Ambani brothers are declared wealthiest in the world, it will start crashing like never before until it reaches it's apt value. This is nothing but games played by the broker's lobby every year. It's sad that the common investors lose out in this game.

Reply Forward

» Bullish - Bullshit!

Posted by Squid on 2009-11-14 11:59:31.456371+05:30
The market will keep to rise until the Ambani brothers are declared wealthiest in the world. That's till about Feb. And then it will crash down to it's original value. This happens every year. What's new? And what's news? All fake bloating by the broker lobby!

Reply Forward

Latest News

Print Edition

Events

Sensex bounces back, closes up 153 pts

Post Comments