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- Sensex up 78 points; capital goods, metal stocks shine
Posted by : Simran Shah
Sunday, 20 April 2014
Mumbai, April 21:
The Sensex and the Nifty were trading marginally in the green in the absence of directional cues.
At 11.15 a.m., the 30-share BSE index Sensex was up 77.88 points or 0.34
per cent at 22,706.72 and the 50-share NSE index Nifty was up 21.5
points or 0.32 per cent at 6,800.90.
Barring IT, TECk and FMCG, all other BSE sectoral indices were trading
in the green. Among them, capital goods and metal indices gained the
most by 2.04 per cent, 1.35 per cent, respectively, followed by auto
0.98 per cent and consumer durables 0.86 per cent. On the other hand, IT
index was down 0.55 per cent, followed by TECk 0.24 per cent and FMCG
0.1 per cent.
BHEL, L&T, SSLT, Maruti and Hindalco were the top five Sensex
gainers, while the major losers were Wipro, HUL, HDFC and Infosys.
Thin trading was witnessed in the Asian markets as several markets
remained closed for the Easter holiday. Also, investors remained subdued
due to tensions in Ukraine.
Tensions in Ukraine, signs of slowing growth in China and uncertainty
over when the US Federal Reserve would begin to tighten the interest
rates have dampened the global sentiment in recent weeks, although
Federal Reserve Chair Janet Yellen's comments last week helped soothe
investors' nerves.