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Sensex bounces back, closes 153 points higher
Published on 15 Nov. 2010 11:54 PM IST
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A benchmark index of Indian equities closed 153 points higher Monday on the back of last hour buying support in banking and auto stocks.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) ended 0.76 percent or 152.80 points higher at 20,309.69 points.
After losing over four percent last week, the index opened almost flat at 20,167.62 points and touched a high of 20,335.51 points and low of 20,046.60 in the intra-day trade.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty closed 0.82 percent or 49.95 points higher at 6,121.60 points.
Broader market indices closed mixed. The BSE midcap index closed 0.19 percent higher at 8,447.93 points while the BSE smallcap index moved down 0.30 percent to 10,885.30.
However, the BSE Bankex index jumped 2.43 percent to 14,509.60 points.
State Bank of India surged 4.41 percent to `3,164.15; HDFC Bank rose 2.84 percent to `2,385.20 and ICICI Bank closed 1.73 percent higher at `1,223.25.
Mahindra and Mahindra jumped 3.30 percent to `799.95. Hero Honda rose 1.07 percent to `1,835.95.
Other major Sensex gainers were Cipla, up 4.15 percent at `343.60; Wipro, up 1.87 percent at `433.15; Tata Steel, up 1.79 percent at `617.15 and Bharti Airtel, up 1.13 percent at `309.50.
Among the other Asian markets, the Shanghai Composite index rose 0.97 percent to 3,014.41 points. The Japanese Nikkei ended 1.06 percent higher at 9,827.51 points.
However, Hong Kong’s Hang Seng closed 0.81 percent down at 24,027.20 points.

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