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Market closes; Sensex 650 points up


Market closes; Sensex 650 points up
Mumbai, Mar 1: Indian equity benchmarks' first session of Mar ended on a strong note. The Sensex ended 650 points up, post Union Budget 2011 session showed striking performance. Since, morning the market was on bulling spree.

The BSE Sensex climbed by 623.10 points to close at 18,446.50, after gaining 655 points in an intra-day trade. Meanwhile, BSE Midcap Index was up 3.28 per cent and BSE Smallcap Index moved 2.45 per cent higher.


The Libya uprising led the rise of crude oil, however, on Tuesday's trade it seemed stabilized around the USD 96-98 a barrel. Since last week oil held as high as USD 103 a barrel.

At 4:50 pm, the BSE Sensex was at 18,446 up 623.10 points and NSE was at 5,522.30 up 189.05 points.
4:50 PM

Sensex gains 500 more pts; Indian equity on bulling spree

The Sensex on Tuesday's trade is truly on bulling spree. Indian equities snapped the streak of earlier losses. The Sensex rallied and continued to gain 500 points. Furthermore, the Nifty rised by 160 points and touched 5500 mark, psychological an important level

At 2:20 pm, the BSE Sensex was at 18,384.90 up 561.50 points and NSE was at 5,501.35 up 168.10 points.
12:15 PM

Sensex gains over 300 pts; Nifty up by 100 pts

Indian equity benchmarks were on bulling spree the BSE Sensex climbed by more 300 points and the Nifty shoot up by 100 points. The market was supported by consistent buying almost in all sectors barring technology.

The BSE Bankex and Capital Goods indices gone up around 2.5 per cent. Among other indices, Metal, FMCG, Realty, Power, Healthcare and Oil & Gas indices were 1-1.5 per cent up.


At 12:15 pm, the BSE Sensex was at 18,173.67 up 350.27 points and NSE was at 5,431.75 up 98.50 points.
12:15 PM

Sensex climbs by 209 points; opens on a strong note

The benchmark Nifty started the first session of Mar on a positive note backed by strong global cues. The BSE Sensex was looming around 18,000 mark and Nifty was at 5400 level.

The Sensex shoot up by nearly 209 points in opening trade on the BSE on Tuesday, Mar 1. Investors embarked on a buying spree, cheered up by proposals in the 2011-12 Budget for raising FII investment limits and slashing surcharge on corporate tax.

A firming global trend also boosted the buying sentiment in the domestic equity market.

Tata Motors, Reliance Capital, ACC, M&M, ICICI Bank, Axis Bank, L&T, BPCL, BHEL, Reliance Industries and ITC were on buyers' radar, among frontliners.

At 10:30 am, the BSE Sensex was at 18,080.76 up 257.36 points and NSE was at 5,407.80 up 74.55 points.

OneIndia News

Read more about: sensex nifty
Story first published: Tuesday, March 1, 2011, 10:41 [IST]
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