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Monday 30 July 2012

304 points raised Sensex

MUMBAI: The Sensex today zoomed over 300 points to a high of 17,143.68 a week of frenzied buying in capital goods, energy and banks before tomorrow, first quarter RBI review policy.

The benchmark BSE, which had gained 200 points in the previous session, shot up further by 304.99 points, or 1.81 percent, to 17,143.68, the level last seen on July 20.
Sensex gains, the largest single-day rise in more than one month were driven mainly by ICICI Bank, Infosys and L & T. SBI topped the list of purchase of increase of 4.63 percent today, followed by Tata Motors and Tata Power which rose 4.1 percent each.


ICICI Bank, Bhel, L & T, Sterlite Gail and rose in the range of 3-3.9 percent. In the index of 30 stocks, 27 scrips rose.

Marketmen said after the opening of 80 points over track signals poistive Asian markets, the Sensex went higher and higher as sentiment resulted in the speculation European policy makers of the Union shall take measures to alleviate debt crisis in the region.

Blue chips ITC and the confidence gained more than 1 percent each supported the mood of the market. Overall in the market, more than 1,600 stocks closed higher while 1,143 vouchers ended lower.

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