BusinessIndia

Sensex rebounds 356 pts

Mumbai: The benchmark index of Bombay Stock Exchange (BSE) on Friday bounced back by 356 pts at 35,198.61 on fresh buying in IT, Technology, Oil and Gas, Bankex amid positive global cues.

The Nifty of National Stock Exchange too rose by 106 pts to 10,395.35. The Sensex registered intraday high and low at 35,198.61 and 35,054.55 pts, respectively.

The Nifty registered intraday high and low at 10,403.75 and 10,352.95 pts respectively. The sectoral indices like Bankex, IT, Metal and Industrials pushed the market up.

The mid-cap advanced by 1.23 pc and Small Cap rose by 0.91 pc. In 30 scrips, 27 advanced and 3 declined.
The gainers were Indusind Bank by 3.64 pc to Rs 492.35, Infosys by 3.11 pc to Rs 721.35, ONGC by 1.59 pc to Rs 83.10 and TCS by 1.74 pc to Rs 2045.95.

The losers were Kotak Bank by 1.24 pc to Rs 1365.35, Hind Unilever by 0.51 pc to Rs 2163 and Sun Pharma by 0.18 pc to Rs 486.75.

A total of 247 companies, including ITC, Coal India, and Glenmark Pharma are scheduled to announce their March quarter earnings.

On Wall Street, the main indexes closed higher overnight.
The Dow Jones rose 1.18 per cent, the S&P 500 gained 1.10 per cent, and the Nasdaq Composite added 1.09 per cent.

Asian stocks also picked up on Friday. Australian ASX200 rose 0.8 per cent in early trading, Japan’s Nikkei added 0.9 per cent.

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