Business Economy


Sensex jumps 599.34 pts

Sensex jumps 599.34  pts

Mumbai, April 19 (UNI) Snapping a losing streak of last four sessions, the BSE Sensex on Friday bounced back 599.34 pts to close at 73088.33 on the strength of Bankex, Metal, Financial services and Consumer Durable stocks amid weak Asian Market.

The National Stock Exchange (NSE) rose 151.15 pts at 22,147.

High oscillation was seen during the session, as the Sensex tumbled down 489 pts to open at 71999.65. During the day it was lost ground by 672 pts.

In late trade it erased earlier losses and surged 722 pts at 73,210.17, days high, before closing at 73088.33 from its previous close in spite of growing tension in West Asia.

The NSE registered days high and low at 22,179.55 and 21,777.65 pts respectively.

The stocks that boosted the market were Bankex by 1.02 pc followed by Metal by 0.85 pc, Financial services by 0.83 pc and Consumer Durable by 0.78 pc.

In 30 scrips, 22 advanced, while 8 declined.

The gainers were Bajaj Finance by 3.16 pc to Rs 7107, M& M by 2.72 pc to Rs 2079.15, HDFC Bank by 2.46 pc to Rs 1531.30, JSW Steel by 2.39 pc to Rs 864.40 and Maruti Suzuki by 2.20 pc to Rs 12669.35.

The losers were HCL Technology by 1.20 pc to Rs 1450, Nestle India Ltd by 1.04 pc to Rs 2437.10, TCS by 0.93 pc to Rs 3827.45 and Tata Motors by 0.84 pc to Rs 963.20.

In Asian Market, the Hang Seng fell 1 pc, Taiwan Weighted by 3.96 pc and Strait Times by 0.35 pc.

UNI NV AKS

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