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Sensex shoots past 11k mark again, closes at 11,014.97 pts

Written by: Staff
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Mumbai, Aug 8 (UNI) Bombay Stock Exchange (BSE) sensitive index (Sensex) zoomed past 11,000 mark and stayed put at 11,014.97 points after touching a high of 11,028.02 in the intra-day trade today.

The Sensex rallied hard, boosted by the banking scrips, on the back of emergent hope that US interest rates will be kept on hold in August eight meeting of the Federal Reserve.

The Sensex today swung 189 points, touching a high of 11,028 and a low of 10,839, after opening in the green by 27 points in the early morning trade.

In the BSE sectoral indices, Bankex rose 3.24 per cent to 5,015.08, FMCG rose 1.87 to 1,892.32, capital goods by 1.82 per cent to Rs 7,269.48, PSU was up by 1.75 per cent to Rs 5,159.31, auto by 1.67 per cent to Rs 4,600.72, smallcap by 1.59 per cent to Rs 5,299.21 and metals by 1.58 per cent to Rs 7,893.33 points.

Top gainers on the BSE Sensex 30 pack were ICICI Bank, which was up by 4.79 per cent to Rs 595.30, L&T up by 3.42 per cent to Rs 2,285.60, Bharti Airtel by 3.28 per cent to Rs 404.85, Reliance Communications up by 3.04 per cent to Rs 277.65, Bajaj Auto up by 2.87 per cent to Rs 2657.50, SBI up by 2.52 per cent to Rs 831.45, ONGC up by 2.38 per cent to Rs 1,189.30, Reliance Industries up by 2.35 per cent to Rs 977.45, ITC up by 2.34 per cent to Rs 172.40, and Maruti udyog up by 2.32 per cent to Rs 786.65.

Among the losers were BHEL, which was down by 0.90 per cent to Rs 2,166.30, Ranbaxy down by 0.34 per cent to Rs 395.85, and Hero Honda down by 0.27 to 668.25.

The breadth in the broader market was in favour of 1,613 advances as against 818 declines and 82 unchanged scrips, out of total 2,513 scrips that traded the BSE counter today.

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