Mumbai, Mar 24 (PTI) The Sensex, which was up by nearly 275 points in intra-day trade to more than a one-month high on firm global cues, cooled off after mid-session, still showing a rise of 47 points.
The Bombay Stock Exchange 30-share barometer opened firm and improved further to more than a one-month high of 9,699.00 on firm global cues as Wall Street yesterday surged nearly 7 per cent after the Obama administration detailed a plan to rid bank balance sheets of toxic assets.
Brokers said the markets across the globe seem to have welcomed a US public-private sector programme to help the ailing banking system recover from massive losses suffered in the US real estate meltdown.
However, profit-booking ahead of the expiry of March contracts on Thursday pulled it down to settle the day at 9,471.04, still exhibiting a rise of 47.02 points or 0.50 per cent over the previous close.
Yesterday, the Sensex registered its biggest single-day gain of 457.34 points in the current calendar year.
The broad-based 50-issue Nifty of the National Stock Exchange, however, ended flat at 2,938.70 from the last close of 2,939.90.
PTI
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