Sensex maintains 60K level; ends at 60,135.78

Insight Online News

Mumbai, Oct 11 : Extending gains for the third consecutive session on Monday, the Sensex closed strong at 60,135.78, up by 76.72 pts on the strength of Utilities, Power, Auto and Realty stocks amid weak global cues.

The Nifty of National Stock Exchange (NSE) too moved up by 50.75 pts at 17,945.95.

Despite high volatility, the equity market maintained its winning streak intact today as the Sensex opened at 60,099.68, advancing 40 pts.

During the day it was spurted 417 pts at 60,476.13, days record break high. In late trade, it dropped and settled at 60,135.78, up 76.72 pts from its previous close.

Meanwhile, it tumbled down 248 pts at 59,811.42 days low.

The Sensex registered day’s high and low at 60,476.13 and 59,811.42 pts respectively.

The Nifty recorded day’s high and low at

18,041.95 and 17,839.10 pts respectively.

The sectoral indices like Utilities, Power, Auto, Metal and Realty stocks gave a support to the market. In scrips, Maruti Suzuki was a star gainer, up by more than 3 per cent to close at 7697.90 followed by Powergrid, ITC, NTPC and SBI.

However, TCS, Tech Mahindra, Infosys and HCL Technology were seen weak that capped from further gains, broker informed.

The Mid Cap rose by 0.55 pc and Small Cap by 0.60 pc.

Out of 30 scrips, 20 advanced while 10 declined.

Nifty Index has crossed 18,000 levels for the first time in the India markets.

There are strong positive sentiments on the domestic front, even though the global cues are pointing towards increasing risks.

The Asian Market remained weak, as Hong Kong fell by 0.27 pc and Japan by 2.07 pc.

While, Australia went up by 0.21 pc and Taiwan by 0.74 pc.

UNIINDIA

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