STOCK MARKET CLOSING NEWS
Nifty scales 27-week closing high on buying by FIIs
DATE : 08.02.2012
Key benchmark indices edged higher amid volatility in the second half of the trading session. The 50-unit S&P CNX Nifty attained its highest closing level in 27 weeks. The barometer index, BSE Sensex, attained its highest closing level in more than 14-1/2 weeks. The Sensex,advanced 84.87 points or 0.48%, off close to 100 points from the day's high and up about 120 points from the day's low. Data showing sustained buying of Indian stocks by foreign institutional investors (FIIs) boosted sentiment. BSE Small-Cap and Mid-Cap indices outperformed the Sensex.
The Sensex has gained 513.77 points or 2.98% in February 2012 so far. The barometer index has surged 2,252.40 points or 14.57% in calendar 2012 so far. From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2,571.46 points or 16.98%. From a 52-week high of 19,811.14 on 6 April 2011, the Sensex has lost 2,103.82 points or 10.61%.
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