Also Read - Stock Market Crash: Sensex Nosedives 1,115 Pts, Nifty Tanks Below 10,850-mark in Closing Session
Mumbai, Sep 22: A benchmark index of Indian equities markets recovered after posting initial losses and closed more than 100 points (provisional) up in volatile trade Monday. The session, in which the market initially lost around 171 points, saw metal, healthcare and capital goods stocks lose. However, consumer durables, automobile, fast moving consumer goods (FMCG) and oil and gas scrip gained. Also Read - Sensex, Nifty Tick Higher in Opening Trade
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,008.12 points, closed trade at 27,206.74 points, up 116.32 or 0.43 percent from the previous day’s close at 27,090.42 points. The Sensex touched a high of 27,254.80 points and a low of 26,918.93 points in intra-trade. The S&P BSE metal index lost 148.78 points, healthcare index was down by 125.22 points and capital goods index fell 29.97 points. Also Read - Sensex Loses Over 400 Points, Nifty Below 11,000 Mark
However, consumer durables index gained 299.12 points, automobile index increased by 198.33 points, FMCG index was up 141.85 points and oil and gas index moved up by 96.43 points. The wider 50-scrip Nifty of the National Stock Exchange (NSE) too ended in positive territory. It was up 24.85 points or 0.31 percent at 8,146.30 points.
Major Sensex gainers included Tata Motors, up 3.93 percent at Rs.539.40; ONGC, up 3.48 percent at Rs.419.10; ITC, up 3.12 percent at Rs.370.65; Hero MotoCorp, up 1.65 percent at Rs.2,999.80; and State Bank of India (SBI), up 1.30 percent at Rs.2,601.95. Major Sensex losers included Cipla, down 2.27 percent at Rs.613.55; BHEL, down 2.09 percent at Rs.222.10; Tata Steel, down 1.86 percent at Rs.500.90; Hindalco Inds, down at 1.37 percent at Rs.162.05; and Infosys, down 1.36 percent at Rs.3,650.95.
In Asian markets, Japan’s Nikkei lost 0.71 percent and China’s Shanghai Composite was down 1.70 percent. Hong Kong’s Hang Seng closed 1.44 percent lower. In Europe, London’s FTSE 100 decreased by 0.72 percent, Germany’s DAX Index was down 0.03 percent. France’s CAC 40 was lower by 0.08 percent.