Sensex closes more than half a percent up, capital goods stocks gain

Last Updated: Wed, Mar 06, 2013 12:40 hrs

Mumbai, March 6 (IANS) A benchmark index for Indian equities markets Wednesday rose more than half a percent on back of stellar performance of capital goods, metal and information technology (IT) stocks.

The Sensex of the Bombay Stock Exchange (BSE), which opened at 19,254.20 points, closed at 19,252.61 points, up 109.44 points or 0.57 percent from its previous close at 19,143.17 points.

The Sensex touched an intra-day high of 19,293.39 points and a low of 19,195.47 points.

The midcap index closed higher by 72.35 points, while the smallcap index was 92.13 points up.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) closed Wednesday's trade higher by 34.35 points or 0.59 percent at 5,181.60 points.

The BSE capital goods index was up 229.62 points. And so were the metal index, up 200.49 points, and the IT index, up 90.19 points.

The FMCG index was down 59.62 points while the consumer durables index ended 31.85 points lower.

Only 18 out of 30 Sensex companies were gainers, including Sterlite Inds, up 4.60 percent at Rs.99; Hindalco Inds, up 3.25 percent at Rs.101.75; Tata Motors, up 2.88 percent at Rs.309.25; Larsen and Toubro (L&T), up 2.86 percent at Rs.1,433.70; and Tata Steel, up 2.59 percent at Rs.352.85.

The major losers included Mahindra and Mahindra, down 2.16 percent at Rs.878.35; Hindustan Unilever, down 1.98 percent at Rs.440.65; ITC, down 1.57 percent at Rs.287.55; Maruti Suzuki, down 1.21 percent at Rs.1,414.05; and Gail India, down 0.83 percent at Rs.333.75.

Among other Asian markets, Japan's Nikkei closed 2.13 percent higher, while Hong Kong's Hang Seng ended 0.96 percent down. China's Shanghai Composite Index closed lower by 0.90 percent.

In Europe, Britain's FTSE 100 was up 0.24 percent, and the German DAX was trading 0.89 percent higher. The French CAC 40 was also up 0.09 percent.

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