Home ECONOMY Sensex goes up around 300 points

Sensex goes up around 300 points


Mumbai, Oct 9 :

Rebounding after two-days of losses a benchmark index of Indian equities markets Thursday zoomed around 300 points or 1.13 percent in the early morning session as capital goods, banks and healthcare stocks gained.

Healthy buying was observed in metal, automobile, oil and gas sectors. All industry indices of the S&P Bombay Stock Exchange (BSE) were trading in the positive territory.

Bombay-Stock-Exchange-BuildingThe 30-scrip Sensitive Index (Sensex) of the S&P BSE, which opened at 26,394.37 points, was trading at 26,543.75 points (at 10.15 a.m.) in the early morning trade session, up 296.96 points or 1.13 percent from the previous day’s close at 26,246.79 points.

The Sensex touched a high of 26,559.60 points and a low of 26,394.21 points in the trade so far.

The S&P BSE capital goods index was up 2,258.41 points, followed by bank index which was higher by 238.04 points, healthcare index lost 190.61 points, metal index increased by 176.59 points, automobile index zoomed 120.42 points and oil and gas index moved up by 110.19 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains. It was up 88.60 points or 1.13 percent at 7,931.30 points.

According to Angel Broking, Indian markets opened positively tracking SGX Nifty and AsianAmarkets. Late Wednesday saw US stocks rising after the Federal Reserve’s hinted that interest rates will stay near zero level for “considerable time”.