Sensex closes up 37.61 points at 19893.85 - GEPL Capital

The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened at 19,853.66 points, closed (provisionally) at 19,893.85 points, up 37.61 points. The Sensex surged to a high of 19,997.28 points and a low of 19,826.99 points in the day's trade. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also gained mere 5.75 points or 0.10 percent at 5,879.60 points.

Sector-wise, healthcare, capital goods, metal, fast moving consumer goods (FMCG) and power stocks gained. However, oil and gas, consumer durables, information technology (IT), technology, entertainment and media (TECk) and realty company's scrip tanked. The S&P BSE healthcare index gained 79.34 points, capital goods index was up 50.15 points, followed by metal index which was higher by 47.99 points, FMCG index was up 38.38 points and power index increased by 12.70 points.

Selling pressure was observed in oil and gas index, which lost 96.49 points, while consumer durables index decreased by 58.79 points, followed by IT index which was down 20.50 points, TECk index which was down 9.83 points and realty index closed the day's trade 7.48 points lower.

Hong Kong shares fell 0.36 percent on Thursday as traders grow concerned about a budget stand-off in Washington that could shut down parts of the US economy within days. The benchmark Hang Seng Index lost 84.60 points to 23,125.03. Enthusiasm over the US Federal Reserve's decision last week to maintain the pace of its bond-buying programme also dimmed. Japan's Nikkei 225 today advanced, propped up by a media report suggesting that the nation's government is planning to cut corporate taxes. Elsewhere in Asia, stocks were mixed with investors staying on the sidelines ahead of the US budget vote next week. Japan's benchmark index had gained 127.70 points closing at 14,748.23.

Source : Equity Bulls

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