Mumbai, May 10 (PTI) The Bombay Stock Exchange benchmark Sensex today registered its biggest single day gain of 561 points in ten months after EU and IMF agreed on a 1 trillion dollar emergency fund for the Union to help contain the region's credit crisis.
The Sensex, which lost over 788 points over the past five sessions, bounced back by 561.44 points to 17,330.55 on positive Asian cues.
Marketmen said European Central Bank's announcement that it will intervene in the public and private bond markets in an effort to help stave off a sovereign-debt crisis bolstered trading sentiment.
Of the 30-BSE index components, 25 stocks gained while six ended in the negative. The uptrend was further fueled by a higher closing in Asian stock markets and better opening in Europe.
The wide-based National Stock Exchange index Nifty shot up by 175.55 to 5,193.
Monday, May 10, 2010
BSE-Sensex gains most in a day in a 10 months period
Sensex 92 pts down in opening trade on profit-taking
Mumbai, May 11 (PTI) The Bombay Stock Exchange benchmark Sensex fell by over 92 points in the opening trade today after rising the most in nearly 10 months in the previous session, on emergence of profit-booking by foreign funds and retailers.
The 30-share index, which surged 561.44 points in yesterday, edged lower by 92.07 points, or 0.53 per cent to 17,238.48.
Realty, metals, auto and oil and gas sector stocks were under pressure, dragging the Sensex down.
The National Stock Exchange's Nifty fell 17.55 points, or 0.33 per cent, to 5,176.05 points.
Brokers said besides emergence of profit-booking by foreign funds and retail investors, weak trend on other Asian bourses was also responsible for the fall.
Among losers Reliance Industries fell by 0.62 per cent to Rs 1,073.50, Infosys Technologies by 0.70 per cent to Rs 2,656.50, DLF Ltd by 1.27 per cent to Rs 300.25, Sterlite Industries by 0.
