Sensex closes 138 points high; oil and gas stocks rise

Mumbai, Jul 4: A benchmark index of Indian equities markets Friday closed 138.31 points or 0.54 percent higher, as oil and gas and bank stocks surged. Healthy buying was also observed in healthcare, realty, fast moving consumer goods (FMCG) and power sectors, while selling pressure was seen in metal, capital goods and consumer durables scrips.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,844.80 points, closed at 25,962.06 points (provisional), up 138.31 points or 0.54 percent from the previous day’s close at 25,823.75 points. The Sensex touched a high of 25,981.51 points and a low of 25,659.33 points in trade.

The S&P BSE oil and gas index gained 184.42 points, bank index increased by 129.29 points and healthcare index went up by 56.59 points. Realty index was up 22.90 points, followed by FMCG index which gained 22.20 points and power index rose 20.95 points.

However, metal index dropped by 118.35 points, capital goods index was lower by 44.53 points and consume durables index was down 33.15 points. The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed the day’s trade 36.80 points or 0.48 percent up 7,751.60 points.