Sensex up over 100 points; auto stocks climb

Mumbai, July 1 :  A benchmark index of Indian equities markets Tuesday closed trade more than 100 points up, as automobile, metal and capital goods stocks surged. Healthy buying was also observed in consumer durables and bank sectors, while selling pressure was observed in information technology (IT), oil and gas, healthcare and technology, entertainment and media (TECK) scrips.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,469.94 points, closed 25,516.35 points (provisional), up 102.57 points or 0.40 percent from the previous day’s close at 25,413.78 points. The Sensex touched a high of 25,571.90 points and a low of 25,466.77 points intra-trade. The S&P BSE automobile index surged by 493.63 points, metal index gained 265.94 points, capital goods index got augmented by 206.21 points, consumer durables index increased by 87.12 points and bankex was up by 83.63 points.

However, IT index dipped by 87.32 66.09 points, followed by oil and gas index which fell 6-0/.77 points, healthcare index was down 44.11 points and TECK index was lower by 29.14 points. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also surged and ended the trade up 23.35 points or 0.31 percent at 7,634.70 points.