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Sensex up 168 points, capital goods, bank stocks gain

Maharashtra,Business/Economy, Thu, 11 Oct 2012 IANS
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Mumbai, Oct 11 (IANS) A benchmark index of Indian equities markets rebounded from early losses to gain 168 points in afternoon trade Thursday. Good buying was seen in capital goods (CG), metals and bank stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,627.37 points, closed at 18,798.83 points, up 167.73 points or 0.90 percent than its previous day's close at 18,631.10 points.

The Sensex touched a high of 18,819.66 points and a low of 18,581.49 points in intra-day trade.

The BSE midcap index was down 64.34 points, while the smallcap index was lower by 51.13 points.

On the sectoral front, the BSE capital goods index was up 187.92 points followed by the metal index, up 148.67 points, and the bank index, up 150.17 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) was down 54.65 points or 0.97 percent and closed at 5,706.80 points.

Among other Asian markets, Japan's Nikkei closed 0.58 percent down while Hong Kong's Hang Seng ended trading 0.38 percent up. Shanghai's composite index closed 0.81 percent lower.

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