Saturday, February 6, 2010

Markets breathe easy on US cues

STAFF WRITER 13:56 HRS IST

Mumbai, Feb 6(PTI) After two days of mayhem, the markets got a reprieve today on a special 90-minute session with the benchmark Sensex gaining 125 points on all-round buying driven by positive cues from the Wall Street overnight.

The Bombay Stock Exchange benchmark Sensex resumed higher by 142 points and touched an intraday high of 15,951.07 points before ending at 15,915.65, a net rise of 124.72 points or 0.79 per cent from its last close, when it crashed by 434 points on global cues.

Significantly, all the sectoral indices ended in the green, with the worst hit sectors in the past two sessions-- realty, metals, oil & gas and IT counters-- leading the rally.

The National Stock Exchange's 50-share Nifty also shot up by 38.60 points or 0.82 per cent to finish at 4,757.25 from its previous close, after opening over 42 points.

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