 agencies
MUMBAI, Apr 20: Snapping a losing streak of last five sessions, the BSE Sensex on Wednesday bounced back 574.35 points to close at 57,037.50 following gains in auto, energy, oil and gas and technology stocks.
The Nifty of the National Stock Exchange (NSE) too rose 177.90 points at 17,136.55. Tumbling over 2,900 points in the last five sessions, the BSE Sensex opened higher by 278 points at 56,741.43. During the day it spurted 753 points at 57,216.51, the day's high, before closing at 57,037.50, advancing 574.35 points from its previous close.
The Sensex registered the day';s high and low at 57,216.51 and 56,521.33 points respectively.
The Nifty recorded the day's high and low at 17,186.90 and 16,978.95 respectively.
Sectoral indices like auto, energy, oil and gas and technology stocks pushed the market up. In scrips, the star gainer was Ultracemco, up by 3.39 per cent to Rs 6,800 followed by Maruti Suzuki by 3.37 per cent to Rs 7,689, Reliance Industries by 3.03 per cent to Rs 2,718.40, Asian Paints by 3.01 per cent to Rs 3,078.40 and TCS by 2.35 per cent to Rs 3,555.95.
Meanwhile, gains were capped by following scrips such as Bajaj Finance, down by 3.11 per cent to Rs 7,050, ICICI Bank by 1.45 per cent to Rs 755.55, Bajaj Finserv by 1.16 per cent to Rs 15,507.25, Tata Steel by 0.89 per cent to Rs 1,313.70 and ITC Ltd by 0.75 per cent to Rs 259.50.
The Mid Cap rose by 0.45 per cent and Small Cap by 0.36 per cent.
In 30 scrips, 21 advanced while 9 declined.
European stocks were up on Wednesday as investors monitored developments in Ukraine and assessed the IMF's latest global economic forecasts.
The pan-European Stoxx 600 index rose 0.3 per cent.
On Wall Street, Nasdaq Futures were down 0.5 per cent while Dow Jones and S&P500 Futures slipped up to 0.3 per cent.
In Asia, Japan's Nikkei went up by 0.86 per cent while South Korea's Kospi ended flat. |
