Wednesday, June 30, 2010

Sensex ends 167 points higher in volatile trade

STAFF WRITER 16:9 HRS IST
Mumbai, June 30 (PTI) In choppy trade, the Bombay Stock Exchange benchmark Sensex today ended nearly 167 points higher on buying support which emerged after a strong opening in European bourses.The 30-share index settled at 17,700.90 points, a rise of 166.81 points, or 0.95 per cent, from the previous close.The index for a brief period dipped into negative terrain in opening trade, falling as much as 160.31 points.The National Stock Exchange index Nifty closed 56.35 points, or 1.07 per cent higher, at 5,312.50 points. It moved in a range of 5,210.00 to 5,315.55 during the session.Brokers said trading sentiment turned bullish following the firm opening in European markets and a partial recovery on Asian bourses.Covering-up of short positions by investors also had a positive impact, they added.

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