Tuesday, Apr 23 2024 | Time 18:01 Hrs(IST)
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Business Economy


Sensex rebounds by 260.59 pts on fresh buying amid firm global cues

Mumbai, Jun 20 (UNI) The benchmark index of Bombay Stock Exchange
(BSE) bounced back on Wednesday by 260.59 points to end positive at
35,547.33, snapping a two-day losing streak, on the strength of
buying in sectoral indices like Energy, Finance, Bankex, Realty and
Utilities amid firm global cues.
The Nifty of National Stock Exchange (NSE) too edged higher by 61.60
points to 10,772.05.
The Sensex went up by 43 points to 35,329.61 in the morning trade.
It then rallied by 286 points to touch the day's high of 35,571.37,
before closing at 35,547.33, advancing by 260.59 points as compared
to its last close.
The Nifty recorded day's high and low at 10,781.80 and 10,724.05
points, respectively.
The sectoral indices that rose were Energy, Finance, Bankex, Realty
and Utilities, along with scrips of Reliance Industries, IndusInd
Bak, VEDL and Yes Bank.
While, selling in Technology, Capial Goods and FMCG capped further
gains of the Sensex, brokers informed.
While, Coal India, Wipro and ITC dropped during the day.
Among secondary barometers, the BSE Mid-Cap index rose 0.23 per
cent. The Small-Cap index gained 0.27 p;c. Both these indices
underperformed the Sensex.
The market breadth turned negative from positive in late trade, as
1,296 shares advanced against 1,325 declined and 139 were unchanged
on BSE.
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