09 April 2008

Sensex up by 200 points on late rally




The Indian market closed at the day's high on account of late rally and short covering. Good results from Yes Bank added cheer to market sentiments towards day end. Sensex closed at 15709, up 202 points and Nifty at 4747, up 37 points from the previous close. it was a bad day for the Asian and European markets. The CNX Midcaps index was up 1.24% and BSE Smallcaps index was up 1.68%. BSE Bankex index was up 3% and BSE Capital Goods index was up 2.6%. The breadth was positive with advances at 878 against declines of 355 on the NSE. Nifty gainers included HDFC Bank, Suzlon and Tata Power while losers included Unitech, Maruti Suzuki and TCS.

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