Sensex over 100 points up; auto stocks rise


Mumbai, July 1 (IANS): A benchmark index of Indian equities markets Tuesday closed trade more than 100 points up, as automobile, metal and capital goods stocks surged.

Healthy buying was observed in consumer durables and bank scrips, while selling pressure was seen in information technology (IT), oil and gas, healthcare and technology, entertainment and media (TECK) scrips.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,469.94 points, closed 25,516.35 points (provisional), up 102.57 points or 0.40 percent from the previous day's close at 25,413.78 points.

The Sensex touched a high of 25,571.90 points and a low of 25,466.77 points intra-trade.

The S&P BSE automobile index surged by 493.63 points, metal index gained 265.94 points, capital goods index got augmented by 206.21 points, consumer durables index increased by 87.12 points and bankex was up by 83.63 points. 

However, IT index dipped by 87.32 66.09 points, followed by oil and gas index which fell 6-0/.77 points, healthcare index was down 44.11 points and TECK index was lower by 29.14 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also surged and ended the trade up 23.35 points or 0.31 percent at 7,634.70 points.

The major Sensex gainers were: Hindalco Inds, up 6.76 percent at Rs.175.20; Maruti Suzuki, up 6.01 percent at Rs.2,584.85; Tata Motors, up .59 percent at Rs.450.95; Mahindra and Mahindra, up 4.03 percent at Rs.1,194.15; and Tata Steel, up 2.47 percent at Rs.541.35.

The losers were: Tata Consultancy Services (TCS), down 1.20 percent at Rs.2,390.40; Wipro, 1.16 percent at RS.538.65; Sun Pharma, down 1.00 percent at Rs.679.40, HDFC; down 0.91 percent at Rs.981.65; and Infosys, down 0.76 percent at Rs.3,221.75.

Among the Asian markets, Japan's Nikkei closed 1.08 percent up and China's Shanghai Composite Index ended 0.10 percent higher. 

In Europe, London's FTSE 100 was trading 0.53 percent down, and French CAC 40 Index lost 0.32 percent. However, Germany's DAX Index was trading 0.70 percent higher at the closing bell here.

  

Top Stories


Leave a Comment

Title: Sensex over 100 points up; auto 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.