SENSEX ENDS 122 POINTS HIGHER
Date: 12/04/2012
Indian benchmark indices, the Sensex and Nifty, ended higher by over 0.7 per cent on Thursday.
At 3.30 p.m., the 30-share BSE index Sensex was up 121.68 points or 0.71 per cent at 17,321.08 and the 50-share NSE index Nifty was up 44.4 points or 0.85 per cent at 5,271.25.
Volume toppers were SBI, Tata Steel, ICICI Bank, RIL and Tata Motors. Among the 30-share Sensex, Jindal Steel, Sterlite, SBI, Hindalco and Maruti were the top gainers. Infosys, DLF, ONGC, TCS and Wipro were the major laggards.
The rally in the Indian indices was supported by stocks in the metal, banking, auto and FMCG sectors; each up more than 1.2 per cent.
On the global front, Asian stocks rose as materials produced by traders garnered more commodity prices. Also, Citigroup Inc. assigned the ‘overweight’ grade to global industrial shares.
European stocks rose as investors awaited data that may show US jobless claims declined a third week.
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