Sensex up 79 pts, fails to sustain 12k mark

Mumbai, Sep 14: Bombay Stock Exchange's (BSE) Sensitive index (Sensex) closed 79 points up at 11,973 on renewed buying and positive global cues, after hitting the psychological barrier of 12k during the day's trade.

It, however, shyed to sustain itself at that position.

Similarly, the NSE S&P CNX Nifty rose 17.05 points to finish on 3,471.60 points.

Benchmark Asian and European indices closed in the green, with the Hang Seng index down 0.15 per cent to 17,183.45, while the Nikkei 225 index surged 1.22 per cent to 15,942.39.

Meanwhile, the crude oil price in the US market rose marginally.

The Nymex light crude oil for October delivery rose 21 cents to US dollars 63.97 a barrel, while the London Brent crude was up 14 cents at USD 65.35 per barrel.

Earlier, the Sensex opened firm and gained 49 points in the opening move, as the positive predictions about monsoon coming to an end gave weightage to cement stocks which were led by ACC, Gujarat Ambuja and others to gain almost 1.50 per cent.

The market breadth, however, stayed negative and closed negative for the day in favour of 1,367 declines as against 1,137 advances out of total 2,569 scrips that traded the BSE counters today.

Amongst the BSE sectoral indices, except Consumer Durables sector, all other indices closed in the green. Bankex led the pack of gainers, with a 1.59 per cent gain and was followed by metals, up 1.04 per cent and IT sector up by 0.86 per cent.

Major gainers on the BSE-30 index were ICICI Bank Ltd, which was up by 3.13 per cent to Rs 650.60, Grasim Industries up by 2.78 per cent to Rs 2,391.80, Gujarat Ambuja Cement up by 1.77 per cent to Rs 115.05, Bajaj Auto up by 1.70 per cent to Rs 2,824.55, TCS up by 1.48 per cent to Rs 1,012.20, HLL up by 1.42 per cent to Rs 239.00, Dr Reddy's Lab up by 1.42 per cent to Rs 747.75, ACC up by 1.41 per cent to Rs 944.45, Tata Steel up by 1.21 per cent to Rs 507.90 and Infosys up by 1.97 per cent to Rs 1,829.35.

Besides, the losers were Hero Honda which was down by 1.64 per cent to Rs 765.85, HDFC down by 1.16 per cent to Rs 1,336.60, HDFC Bank down by 1.12 per cent to Rs 864.00, Reliance Energy down by 1.04 per cent to Rs 465.60, Bharti Airtel down by 0.99 per cent to Rs 438.65, NTPC down by 0.85 per cent to Rs 128.30, Maruti Udyog down by 0.73 per cent to Rs 949.00, Tata Motors down by 0.59 per cent to Rs 864.70, BHEL down by 0.15 per cent to Rs 2,261.00 and Reliance Communications down by 0.06 per cent to Rs 324.05.

UNI

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