Mumbai, Aug 22 (IANS): A benchmark index for Indian equities markets Monday closed 200 points higher amid bargain buying by traders in stocks which fell during the recent sell-off.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,155.99 points, closed at 16,342.51 points (provisional) -- up 200.84 points or 1.24 percent compared to its previous close at 16,141.67 points.
The Sensex had moved to an intra-day high of 16,370.46 points, but later slipped.
The 50-scrip S&P CNX Nifty of the National Stock Exchange closed 1.23 percent or 59.4 points up at 4,905.05 points.
Broader markets too saw stocks rising after a quiet opening session. The market breadth at the BSE turned positive with 1,817 stocks moving up, compared to 1,008 on the decline and 88 remaining unchanged.