MUMBAI: Erasing early losses, the Bombay Stock Exchange benchmark Sensex today jumped over 40 points to snap two days of losses, amid positive global trends.
After touching the day's low of 16,744.13 in early trade, the 30-share index bounced to close higher by 40.20 points at 16,875.76.
Brokers said buying interest in blue-chip shares Reliance Industries, Infosys Technologies and Larsen and Toubro helped the markets erase losses and settle the day higher.
The National Stock Exchange index Nifty too closed with a moderate gain of 6.30 points at 5,066.20.
Marketmen said the recent declines were overdone, given the outlook for domestic demand.
In the 30-BSE index components, 19 stocks rose while 11 ended with losses.
The world stocks rose after Wall Street rallied overnight on optimism that plans being made to bail the Euro zone out of the crisis would work out. Chinese and Hong Kong markets closed with more than 1 per cent gain, while European shares were also trading higher by the same margin.
TOI
After touching the day's low of 16,744.13 in early trade, the 30-share index bounced to close higher by 40.20 points at 16,875.76.
Brokers said buying interest in blue-chip shares Reliance Industries, Infosys Technologies and Larsen and Toubro helped the markets erase losses and settle the day higher.
The National Stock Exchange index Nifty too closed with a moderate gain of 6.30 points at 5,066.20.
Marketmen said the recent declines were overdone, given the outlook for domestic demand.
In the 30-BSE index components, 19 stocks rose while 11 ended with losses.
The world stocks rose after Wall Street rallied overnight on optimism that plans being made to bail the Euro zone out of the crisis would work out. Chinese and Hong Kong markets closed with more than 1 per cent gain, while European shares were also trading higher by the same margin.
TOI
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