Sensex closes nearly two percent up; capital goods stocks rise


Mumbai, June 2 (IANS): A benchmark index of Indian equities markets Monday closed 467.51 points or 1.93 percent up, as capital goods stocks rose.

Healthy buying was observed in interest sensitive stocks like capital goods, bank, oil and gas, automobile and metal sectors ahead of the Reserve Bank of India's monetary policy Tuesday. 

However, fast moving consumer goods (FMCG) and healthcare stocks came under sustained selling pressure.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 24,368.96 points, closed trade at 24,684.85 points (provisional) - up 467.51 points or 1.93 percent from the previous day's close at 24,217.34 points.

The Sensex touched a high of 24,709.09 points and a low of 24,270.20 points intra-day.

The S&P BSE capital goods index gained 725.67 points, bank index was up 556.58 points, oil and gas index increased by 309.30 points, metal index surged 229.03 points, automobile index was higher by 207.09 points and consumer durables index rose by 128.48 points. 

However, healthcare dropped by 94.56 points and FMCG index was lower by 56.07 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) too closed in positive territory. The Nifty closed trade 132.55 points or 1.83 percent up at 7,362.50 points.

  

Top Stories


Leave a Comment

Title: Sensex closes nearly two percent up; capital goods stocks rise



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.