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Business Economy


Sensex ends higher at 36,195.10 pts on renewed buying amid firm

Mumbai, Jan 24 (UNI) The BSE Sensex recovered on Thursday by 86.63
points to end volatile session on a positive note at 36,195.10 after
last two sessions losing spree on renewed buying in Energy, IT,
Realty, FMCG and Consumer Durable stocks amidst firm cues from
global peers.
The Nifty of National Stock Exchange (NSE) too went up by 18.30
points to 10,849.80.
The Sensex, which had crashed by 470 points in last couple of
sessions, edged higher by 38 points to 36,146.55 in early trade and
then advanced by 150 points to touch the day's high of 36,258.28,
only to slid nearly 112 points to hit day's low of 35,996.68 during
the day. It recouped some of the losses in late trade and finally
closed positive at 36,195.10, up by 86.63 points versus its last
close.
The Nifty recorded day's high and low at 10,866.60 and 10,798.65
points, respectively.
The sectoral indices like Energy, IT, Realty, Consumer Durables and
FMCG pushed the market up, however selling in Health Care,
Industrials, Auto and Capital Goods capped the market's furhter
gains, brokers informed.
Scrips of Yes Bank, Reliance Industries, TCS, HDFC and SBI rallied,
while Tata Motors DVR, Tata Motors, Sun Pharma and Coal India
slipped during the day.
The broader markets were laggards, as both BSE Mid-Cap index and
Small-Cap fell 0.15 per cent and 0.59 pc, respectively.
The market breadth was weaker on BSE, as 951 shares advanced against
1,549 declined and 154 were unchanged.
Overseas, most European and Asian stocks traded higher on Thursday
despite uncertainties surrounding the global economic outlook as
well as ongoing US-China trade row.
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