Sensex outperforms global indices, gains 2.4 pc March 20, 2010
Posted by dhirendra1972 in Smallcap Index.Tags: Gains, Global Indices, Sensex
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Good morning friends. Benchmark indices of Indian equities outperformed their global peers over the week, even though the rally ran out of steam in the last two days.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) moved up 411.61 points or 2.4 percent to end at 17,578.23 points Friday.
The broader S&P CNX Nifty of the National Stock Exchange (NSE) too posted gains to end the week at 5,262.8 points, up 124 points or 2.5 percent.
Mid-to-small size scrips were bought more, the BSE broader market indices showed. The midcap index closed 0.94 percent up and the smallcap index 0.74 percent higher.
The top gainers in the Sensex were Reliance Industries (up 6.9 percent), Hindalco (up 6.4 percent), Tata Steel (up 6 percent), Cipla (up 5.5 percent) and Hindustan Unilever (up 4.4 percent).
Among the top losers were ONGC (down 2.6 percent), Maruti Suzuki (down 2.3 percent), ACC (down 2.1 percent), HDFC (down 0.8 percent) and BHEL (down 0.2 percent).
Data with market watchdog Securities and Exchange Board of India (SEBI) showed that foreign funds bought scrips worth $796.57 million during the week. The Times of India
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