Monday, April 6, 2009

Sensex ends at five-month high, up another 186 points

Mumbai, Apr 6 (PTI) Although profit-booking at higher levels pared early sharp gains, the benchmark Sensex continued its north-bound journey for the fourth straight session, gaining by another 186.04 points to close at nearly a five-month high of 10,534.87.

The Bombay Stock Exchange 30-share barometer moved in a range of 10,654.89 and 10,410.44 before settling the day at 10,534.87, the level not seen since November 10, 2008, when it was closed at 10,536.16, a smart rise of 1.80 per cent over its previous close.

It has gained nearly 967 points or 10.10 per cent in the four-session rally.

The broad-based 50-issue Nifty of the National Stock Exchange also improved by 45.55 points or 1.42 per cent to 3,256.60 from its last close.

Asian indices today ended strong with a gain between 0.48 per cent and 3.11 per cent.

Heavy buying by foreign institutional investors (FIIs) and also domestic funds also boosted market sentiment.

FIIs pumped in Rs 691.56 crore on April 2 while domestic funds also picked up shares worth Rs 254.71 crore on the same day, as per provisional data.
PTI

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