Sensex reverse losses; realty, banks and capital goods up

Commentary

oi-Monika

By Monika Nihalani

Published: Thursday, December 22, 2011, 16:22 [IST]

The benchmark indices reversed day's losses after a strong opening in European markets. The 30-share scrip closed at15,813.36, up by 0.82% or 128.15 points and 50-share scrip closed at 4,733.85, up by 0.87% or 40.70 points.

All major European stock exchanges opened green and were trading in positive terrain. At 3:30 pm IST, FTSE 100 was up by 1.19% and CAC 40 was up by 1.24%.

Over the sectoral front on the Bombay Stock Exchange (BSE), all the sectors recovered except Teck and IT. Realty, Capital Goods, Power, Bankex and PSU were up by 2.83%, 2.04%, 1.95%, 1.92% and 1.68%.

On the National Stock Exchange (NSE), DLF, PNB, Tata Motors, IDFC and JP Associates posted gains of 5.62%, 4.37%, 4.10%, 3.39% and 3.37%, respectively.

And, the top Nifty losers were Wipro (3%), Sesa Goa (2.04%), Bharti Airtel (1.92%), Cairn (1.55%) and Sail (1.24%).

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