Mumbai, Apr 22 (UNI) Extending rally for the sixth straight session, the BSE Sensex on Tuesday gained 187.09 pts to close strong at 79,595.59 following gains in Realty, FMCG and Consumer Durable stocks despite weak European and US market.
Solid comeback by Foreign institutional investors (FIIs), falling prices of crude oil prices, the US dollar weakening, and easing inflation, India has become favoured investment destination for global investors.
RBI’s liquidity boosting measures gave support to weak global cues.
A mixed trend was seen in Asian Market.
The National Stock Exchange (NSE) rose 41.70 pts at 24,167.25.
Fluctuation was seen during the day, as the Sensex opened on a strong note at 79,728.39, up 320 pts. During the day, it was reached at 79,824.30, days high, up 416 pts.
Later, it was slipped 155 pts at 79,253.44, days low and finally, it was closed at 79,595.59, rising 187.09 pts from its previous close.
The Nifty registered days high at 24,242.60 and low at 24,072 pts.
Stocks were shined were Realty by 2.40 pc, FMCG by 1.87 pc and Consumer Durable by 1.43 pc.
The Mid cap rose 0.81 pc and Small cap by 0.82 pc.
The gainers were ITC by 2.58 pc to Rs 433.70, Hind Unilever by 2.09 pc to Rs 2399.10, M& M by 1.89 pc to Rs 2817.15 and HDFC Bank by 1.78 pc to Rs 1961.90.
The losers were IndusInd Bank by 4.88 pc to Rs 787.65, Powergrid by 2.30 pc to Rs 312.60, Infosys by 1.93 pc to Rs 1422.40 and Bharti Airtel by 1.68 pc to Rs 1852.
A mixed trend was seen in Asian Market as Strait Times rose by 0.95 pc, Hang Seng by 0.78 pc and Set Composite by 0.82 pc.
While, Taiwan Weighted fell 1.66 pc and Kospi by 0.07 pc.
