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Sensex ends in the green

Source : SIFY
Last Updated: Thu, May 02, 2013 10:11 hrs
​Sensex

Despite a none too positive trend in global markets, stocks posted solid gains on the Indian bourses on Thursday.

Expectations of a cut in Repo rate and CRR, and some upbeat results lifted sentiment.

The Sensex ended at 19,733.76 (provisional) with a gain of 229.58 points or 1.18%.

The Nifty closed at 6002.45, up 72.25 points or 1.22%.

IT stocks, led by heavyweights Infosys, TCS and Wipro, traded firm right through the session.

Realty, capital goodsand bank stocks mostly ended on a firm note.

Power, oil, FMCG and consumer durables stocks too closed higher.

Select pharma stocks moved up.

Automobile stocks edged up after a weak start, but failed to hold at higher levels, amid mixed sales data.

Metal stocks were mostly subdued.

Midcap and smallcap stocks had a fairly good outing.

The market breadth was positive.


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