Home ECONOMY Sensex closes 127 points up; capital goods stocks gain

Sensex closes 127 points up; capital goods stocks gain

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Mumbai, Jan 12:

After facing a turbulent last week due to negative global cues, a benchmark index of Indian equities markets closed Monday’s trade up 127 points or 0.46 percent.

Sensex UpHealthy buying was observed in capital goods, banking, information technology (IT), fast moving consumer goods (FMCG) and technology, entertainment and media (TECK) sectors.

However, heavy selling pressure was observed in metal, oil and gas and realty segments.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,523.86 points, closed at 27,585.27 points, up 126.89 points or 0.46 percent from the previous day’s close at 27,458.38 points.

The Sensex touched a high of 27,620.66 points and a low of 27,323.74 points in the intra-day trade.

The S&P capital goods index gained 239.68 points, banking index was up 192.53 points, IT index rose 141.56 points, FMCG index increased 111.32 points, and TECK index was higher by 53.46 points.

However, metal index was down 176.56 points, followed by oil and gas index which was lower by 116.85 points, and realty index which slipped by 0.45 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) ended the day’s trade up 38.50 points or 0.46 percent at 8,323 points. IANS