Sensex bounces back over 300 pts

Mumbai: The BSE Sensex on Friday bounced back by 334 pts at 38,555.52 as buying was seen across the board amid positive global cues.

The Nifty of National Stock Exchange too rose by 95 pts to 11,407.20.The Sensex registered intra days high and low at 38,579.83 and 38,460.46 pts respectively.

The Nifty registered intra days high and low at 11,418.50 and 11,386.30 respectively.The Mid Cap moved up by 1.37 pc and Small Cap by 1.35 pc.

In 30 scrips, 28 advanced while 1 declined.The gainers were SBI by 3.42 pc to Rs 201.35, Powergrid by 3.15 pc to Rs 186.80, HDFC Bank by 2 pc to Rs 1079.80, Tata Steel by 1.94 pc to Rs 441 and Sun Pharma by 1.76 pc to Rs 531.45.

Total 51 companies including PNB, Indiabulls Housing Finance, and Union Bank of India, are scheduled to announce their June quarter results today.

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