Mumbai, May 15: Snapping the five-session losing streak, the benchmark Index of the Bombay Stock Exchange today rose by 112.41 points to end at 16,328.25 after the Rupee appreciated against the dollar and positive opening in the European market.
The Nifty of National Stock Exchange (NSE) advanced by 35.00 points to 4,942.80.
The market cut losses soon after a weak opening triggered by lower Asian shares. The barometer index, BSE Sensex, and the Nifty came off lows after hitting their lowest level in more than 17 weeks at the onset of the trading session.
Key benchmark indices alternately moved between positive and negative terrain in morning trade. The market trimmed gains after hitting fresh intraday high in mid-morning trade. The market trimmed gains after hitting fresh intraday high in afternoon trade.
The Sensex registered the day’s high and low at 16,370.12 and 16,123.04 points respectively.
It recorded the day’s high and low at 4,955.20 and 4,868.55 points respectively.
The broader markets underperformed the benchmark indices. The BSE mid-cap index moved up by 0.63 percent to 5925.77 and the small-cap index rose by 0.33 percent to 6335.77.
Both the above indicies underperformed the sensex.
The overall breadth was positive as 1,385 stocks advanced while 1,329 stocks declined and 132 remained unchanged.
In 30 share sensex Pack, there were 19 rose, while 11 declined.
The European markets opened on a flat note. The CAC 40 index is up 5 points at 3,063, DAX is up 14 points at 6,495 and the FTSE100 has added 15 points to 5,480 levels.
Asian stocks were mixed amid increasing concern over a Greek exit from the euro zone, despite the region’s finance leaders declaring they weren’t considering that possibility. Key benchmark indices in Japan, Indonesia, China, and South Korea were down by 0.2 percent to 0.81 percent.
Foreign institutional investors (FIIs) bought shares worth Rs 355.10 crore on Monday as per provisional figures from the stock exchanges. FIIs bought shares worth Rs 831.09 crore in three sessions from May 10 to 14 as per provisional figures from the stock exchanges. (UNI)