The Sensex opened 74 points higher at 9,078. The index after moving ahead, pared gains and touched a low of 9,054 in noon trades.
Steady buying, thereafter, mainly in realty and metal stocks helped the index bounce back to higher levels. The Sensex touched a high of 9,271 - up 217 points from the day's low - in late trades. The index finally settled with a gain of 253 points at 9,257.
The BSE Realty index soared 6.3% to 1,644, and the Metal index surged 4.4% to 4,880. The Bankex and the Oil & Gas index were up nearly 4% each at 4,790 and 6,089, respectively.
The market breadth was positive - out of 2,528 stocks traded, 1,406 advanced and 1,023 declined, today.
28 January 2009
Realty, metal stocks propel Sensex
The Sensex opened 74 points higher at 9,078. The index after moving ahead, pared gains and touched a low of 9,054 in noon trades.
Steady buying, thereafter, mainly in realty and metal stocks helped the index bounce back to higher levels. The Sensex touched a high of 9,271 - up 217 points from the day's low - in late trades. The index finally settled with a gain of 253 points at 9,257.
The BSE Realty index soared 6.3% to 1,644, and the Metal index surged 4.4% to 4,880. The Bankex and the Oil & Gas index were up nearly 4% each at 4,790 and 6,089, respectively.
The market breadth was positive - out of 2,528 stocks traded, 1,406 advanced and 1,023 declined, today.
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