Wednesday, November 17, 2010

Sensex jumps by 191 pts to regain 20k level in opening trade

MUMBAI: The BSE benchmark Sensex bounced back by 191 points to regain the psychological 20,000 points level in opening trade on as metal, capital goods and banking stocks rallied amid firming Asian cues.

The 30-share index of the Bombay Stock Exchange, which had plummeted by 444.55 points in the previous session on Tuesday, rose by 191.30 points to 20,056.44 points in opening trade.

Similarly, the wide-based National Stock Exchange Nifty index moved up by 87.50 points to 6,076.20.

Brokers said fresh foreign capital inflows into equities and a firming trend in global markets helped shares of Indian blue-chip companies rebound.

Meanwhile, in Asia, Hong Kong's Hang Seng Index was up by 1.06 per cent and Japan's Nikkei Index by 0.61 per cent in early trade. In the US, the Dow Jones Industrial Index ended a shade lower on Wednesday.

Read more: Sensex jumps by 191 pts to regain 20k level in opening trade - The Times of India http://timesofindia.indiatimes.com/business/india-business/Sensex-jumps-by-191-pts-to-regain-20k-level-in-opening-trade/articleshow/6945587.cms#ixzz15bcV2X00

No comments: