Sensex touches new high; bank stocks roll

Mumbai, 12 November 2014

Updated story:

A benchmark index of Indian equities markets Wednesday touched a record high of 28,126.48 points, surpassing its previous high of 28,027.96 points of Nov 10.

The benchmark index, however, ended provisionally at 28,008.90 points, up 98.84 points or 0.35 percent from its previous day’s close of 27,910.06 points.

Healthy buying was observed in banking, automobile and fast moving consumer goods (FMCG) sectors, while selling pressure was seen in metal, healthcare and oil and gas segments.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,958.64 points, closed the trade at 28,008.90 points (at 3.30 p.m.), up 98.84 points or 0.35 percent from the previous day’s close at 27,910.06 points.

The Sensex touched a high of 28,126.48 points and a low of 27,958.64 points in the trade so far.

The S&P bank index gained 223.20 points, the automobile index went up by 217.16 points and FMCG index was up 74.09 points while metal index dropped by 102.29 points, followed by healthcare index, which declined by 70.98 points, and oil and gas index which was down 57.60 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) too closed in the positive territory. It was up 20.65 points or 0.25 percent up at 8,383.30 points after hitting record high of 8,415.05 earlier in the day.

Earlier story:

A benchmark index of Indian equities markets Wednesday touched a record high of 28,126.48 points, surpassing its previous high of 28,027.96 points touched Nov 10.

Good buying was observed in banking and auto sectors, while marginal selling pressure was seen in metal sector.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,958.64 points, was trading at 28,043.87 points (at 12.09 p.m.), up 133.81 points or 0.48 percent from the previous day’s close at 27,910.06 points.

The Sensex touched a high of 28,126.48 points and a low of 27,958.64 points in the trade so far.

The S&P auto index gained 281.05 points and bankex went up by 213.43 points; while metal index dropped by 35.62 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading at 31.60 points or 0.38 percent up at 8,394.25 points after hitting record high of 8,415.05 earlier in the day.