Sensex ends 63 points up; consumer durables rally

Mumbai, May 6: A benchmark index of Indian equities markets Tuesday closed 63 points or 0.28 percent up as consumer durables stocks rallied.

Good buying was observed in consumer durables, oil and gas and capital goods sectors, while selling pressure was seen in IT sector.

The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened at 22,512.23 points, closed at 22,508.42 points, up 63.30 points or 0.28 percent from its previous day close at 22,445.12 points.

The Sensex touched a high of 22,602.71 points and a low of 22,475.65 points intra-day.

The S&P BSE consumer durables index gained 211.62 points, oil and gas index moved up by 106.87 points and capital goods index inched up by 118.40 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed trade at 15.95 points or 0.24 percent up at 6,715.30 points.

Major Sensex gainers were: Reliance Industries Ltd, up 1.91 percent at Rs.963.25; ICICI Bank, up 1.63 percent at Rs.1274.55; L&T, up 1.24 percent at Rs.1299.55; and ITC, up 1.06 percent at Rs.347.95.

Major Sensex losers were: Bharti Airtel, down 1.71 percent at Rs.315.25; Tata Power, down 1.27 percent at Rs.77.70; Wipro, down 1.19 percent at Rs.514.60; and HDFC, down 1.12 percent at Rs.877.25.

Among the Asian markets, Japan’s Nikkei closed 0.19 percent down while Hong Kong’s Hang Seng was down by 1.28 percent. China’s Shanghai Composite Index was up by 0.03 percent.

In Europe, London’s FTSE 100 was trading 0.14 percent down and the French CAC 40 Index was down by 0.06 percent, while Germany’s DAX Index was up by 0.03 percent.