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Business Economy

Sensex ends higher to 39,112.74 pts on firm global cues

Sensex ends higher to 39,112.74 pts on firm global cues

Mumbai, Jun 19 (UNI) The benchMark index of Bombay Stock Exchange

(BSE) rose on Wednesday by 66.40 points to end volatile session on a

positive note at 39,112.74 on back of brisk buying in Power, Realty,

Metal, Consumer Durables, Utilities and FMCG stocks amidst firm

cues from global peers.

The Nifty of National Stock Exchange (NSE) however ended flat at

11,691.45 points.

The Sensex swung wildly in the range of 39,435.80 and 38,881.05

points, respectively.

The Nifty touched day's high and low at 11,802.50 and 11,625.10

points, respectively.

The broader markets underperformed the Sensex, as the BSE Mid-Cap

and Small-Cap shed 0.69 per cent and 1.37 pc, respectively.

The market breadth was weaker on BSE, as 710 shares advanced while

1,858 declined and 119 were unchanged.

Globally, Asian stocks jumped on Wednesday as investors dared to

hope the US Federal Reserve would follow the lead of the European

Central Bank and may announce the future rate cuts at its policy

meeting later in the day.

MSCI's broadest index of Asia-Pacific shares outside Japan climbed

0.6 pc in early trade.

Elsewhere in Asia, Hang Seng rallied 2.56 pc, Shanghai Composite

Index jumped 0.96 pc, Nikkei soared 1.72 pc, South Korea rose 1.1 pc

and Kospi gained 1.24 pc.

E-Mini futures for the S&P-500 were a fraction firmer after an

upbeat Wall Street session.

The Dow Jones ended Tuesday with gains of 1.35 pc, while the S&P-500

rose 0.97 pc and the Nasdaq 1.39 pc.


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