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2008-05-14

Sensex ends 225.49 pts up in volatile trade

In volatile trading, the Bombay Stock Exchange benchmark Sensex on Wednesday gained over 225 points on buying mainly in metal and information technology stocks.


The 30-share index, which opened lower by 126.51 points, bounced back to close higher by 225.49 points at 16,978.35. It touched the day’s low of 16,626.35 and high of 17,014.94 points.


Similarly, wide-based National Stock Exchange index’s Nifty rose 53.95 points at 5,011.75, after touching the day’s high of 5,026.10 and low of 4,932.05 points.


Metal Index gained the most by 687.30 points, or 4.36 per cent. at 16,435.18. It was followed by IT Index that rose by 162.22 points, or 3.80 per cent, at 4,427.36.


Teck Index increased by 107.93 points at 3,487, Consumer Durable Index by 106.11 points at 4,507.56 and Healthcare Index by 74.29 points at 4,252.54.

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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.