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Business EconomyPosted at: Jan 29 2020 4:39PM


Sensex bounced back by 231.80 pts

Mumbai, Jan 29 (UNI) The BSE Sensex on Wednesday jumped by 231.80 points
to 41,198.66, snapping a losing streak of last two sessions on the strength
of fresh buying in FMCG, Industrials, Metal, Power and Realty amid recovering
global cues.
The National Stock Exchange (NSE) too rose by 73.70 points to 12,129.50.
The Nifty registered days high and low at 12,169.60 and 12,103.80 points respectively.
Tumbling down by 646 points in last two sessions, the Sensex opened higher
by 165 points to 41,131.57. It surged by 368 points to 41,334.86 before closing
at 41,198.66, advancing by 231.80 points from its last close.
The sectoral indices like FMCG, Industrials, Capital Goods, Metal, Power and
Realty pushed the market up today. In scrips, Bajaj Finance, Nestle India, IT,
Infosys and L & T increased during the day
The S&P BSE Mid-Cap index rose 0.46 pc while the S&P BSE Small-Cap index gained 0.11 pc.
The market breadth favored the sellers. On the BSE, 1286 shares rose and 1224 shares fell. A total of 169 shares were unchanged. In Nifty 50 index, 35 stocks advanced while 15 stocks declined.
European shares were trading higher while most Asian stocks ended higher, brushing off coronavirus concerns.
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