Post Session- Sensex rallies ahead of Fed verdict
29/10/2014 16:37
The key domestic benchmarks rallied for a second straight session, as the Sensex surged by over 200 points driven by gains in realty and metal stocks as investors were optimistic ahead of the US Federal Reserve’s policy decision in which the Fed may announce and end to QE but reaffirm its commitment to keeping interest rates at low levels for a considerable time to support the US economy. Bullish closing at Asian markets ahead of the Fed outcome and, amid a surge in Japanese industrial output in September supported the Sensex.
The BSE SENSEX closed at 27,098.17, up by 217.35 points or by 0.81 per cent, and the NSE Nifty ended at 8,090.45, up by 62.85 points or by 0.78 per cent.
The BSE Sensex touched intraday high of 27,126.3 and intraday low of 26,971.16. The NSE Nifty touched intraday high of 8,097.95 and intraday low of 8,052.25.
Meanwhile, the BSE MIDCAP closed at 9,650.29, up by 49.89 points or by 0.52 per cent, while the BSE SMLCAP ended at 10,790.46, up by 66.4 points or by 0.62 per cent.
On the Sectoral front, realty and metal advanced 2.97 per cent and 2.63 per cent, respectively.
The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 3212, shares advanced were 1682 while 1407 shares declined and 123 were unchanged.
The top gainers of the BSE Sensex pack were Hindalco Industries Ltd. (Rs. 156.65,+5.95%), Tata Motors Ltd. (Rs. 525.95,+3.41%), Tata Steel Ltd. (Rs. 471.75,+2.78%), Infosys Ltd. (Rs. 3879.25,+2.25%), Sesa Sterlite Ltd. (Rs. 255.55,+2.12%), among others.
29/10/2014 16:37
The key domestic benchmarks rallied for a second straight session, as the Sensex surged by over 200 points driven by gains in realty and metal stocks as investors were optimistic ahead of the US Federal Reserve’s policy decision in which the Fed may announce and end to QE but reaffirm its commitment to keeping interest rates at low levels for a considerable time to support the US economy. Bullish closing at Asian markets ahead of the Fed outcome and, amid a surge in Japanese industrial output in September supported the Sensex.
The BSE SENSEX closed at 27,098.17, up by 217.35 points or by 0.81 per cent, and the NSE Nifty ended at 8,090.45, up by 62.85 points or by 0.78 per cent.
The BSE Sensex touched intraday high of 27,126.3 and intraday low of 26,971.16. The NSE Nifty touched intraday high of 8,097.95 and intraday low of 8,052.25.
Meanwhile, the BSE MIDCAP closed at 9,650.29, up by 49.89 points or by 0.52 per cent, while the BSE SMLCAP ended at 10,790.46, up by 66.4 points or by 0.62 per cent.
On the Sectoral front, realty and metal advanced 2.97 per cent and 2.63 per cent, respectively.
The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 3212, shares advanced were 1682 while 1407 shares declined and 123 were unchanged.
The top gainers of the BSE Sensex pack were Hindalco Industries Ltd. (Rs. 156.65,+5.95%), Tata Motors Ltd. (Rs. 525.95,+3.41%), Tata Steel Ltd. (Rs. 471.75,+2.78%), Infosys Ltd. (Rs. 3879.25,+2.25%), Sesa Sterlite Ltd. (Rs. 255.55,+2.12%), among others.
