Sensex ends 264 points higher; all sectoral indices up
10 Jun 2010
The benchmark Nifty outperformed global peers on Thursday and closed nearly 80 points higher on the back of buying across all sectors. Index traded with marginal gains in first half of trade while positive European cues, which were down in initial trade today, pushed the markets higher in second half of trade.
European markets like France's CAC 40, Germany's DAX and Britain's FTSE were up 0.6-0.8% ahead of interest rate decisions of European Central Bank and Bank of England. Even Dow and Nasdaq Futures gained 1%, at the time of closing of Indian equities, which signals positive opening of US markets.
Asian markets ended mixed; Nikkei, Straits Times and Taiwan Weighted were up 1-1.5%. Kospi rose just 0.3% while Shanghai was down 0.8% and Jakarta down 0.5%.
The 30-share BSE Sensex closed at 16,922.08, up 264.19 points or 1.59% and the 50-share NSE Nifty rose 78.30 points or 1.57% to settle at 5,078.60. The Nifty June futures ended at 12 points premium, as per provisional data. The broader indices were up 1-1.3%.
All sectoral indices ended positive; auto and metals surged, which gained 3% & 2%, respectively. Realty, TECk, Healthcare, Power, Capital Goods, IT and Bank indices gained 1-1.8%.
Crude oil contract was trading at USD 74.76 a barrel, up 0.5% on the NYMEX.
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