Monday, August 24, 2009

Sensex rallies in last hour, ends 228 points up

Mumbai, Aug 21: Indian equities markets closed for the week on a high, with a key index rising smartly in the last hour before closing bell on Friday and adding 228 points to its previous session’s tally. The rally was led by auto, technology and realty stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 14,951.49 points, ended at 15,240.83 points, up 228.51 points or 1.52 per cent. The broader-based Nifty of the National Stock Exchange (NSE) also closed in the positive terrain at 4,528.8 points, up 1.69 per cent.

Broader market indices similarly ended in the green, with the BSE midcap index closing 1.5 per cent higher and the BSE smallcap index ending 1.61 per cent up. The market breadth was positive, with 1,711 stocks advancing, 958 declining and 102 remaining unchanged.

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