Mumbai: The Bombay Stock Exchange benchmark Sensex on Tuesday spurted and regained the 10,000-point level in the fag end of trading but closed the session a little lower below this psychologically important level.
After regaining the 10,000-level after 22 sessions, the barometer yielded some grounds to close at 9,976.98, still a gain of 144.59 points from its previous close.
The day’s trading was marked by another round of alternate bouts of buying and selling. However, towards the end of the session there was a sudden buying sending the bellwether index to the day’s high of 10,009 points, higher by nearly 177 points from its last close.
Marketmen said sentiment improved towards the end of the session on anticipation of the US Fed cutting interest rate in its policy meeting tonight.
The wide-based National Stock Exchange index Nifty moved also gained over 60 points to end at 3041.75.
IT stocks bounced back into positive terrain after a string of losses in the past few sessions. HCL Technologies surged by 17.99 percent to Rs 122.95, Infosys Technologies by 1.98 percent at Rs 1122.90, Tata Consultancy Services by 2.37 percent at Rs 480.75, Wipro by 1.96 percent at Rs 239.40 and Satyam Computers by 0.49 percent at Rs 226.50.
Brokers said as the market was in better form investors covering their short positions in heavy weighted Reliance Industries and ONGC Ltd further boosted the trend.
Consumer durable index rose sharply by 7.44 per cent at 1964.43, followed by public sector undertaking index by 5.03 per cent at 5128.78.
Oil and gas index shot up by 3.30 per cent at 6554.19 as segment major Reliance Industries spurted by 3.64 per cent to Rs 1386.80, ONGC by 6.07 per cent at Rs 713.75 and Essar Oil by 2.09 per cent at Rs 9265. However, Reliance Natural Resources tumbled by 2.21 per cent at Rs 57.45.
Healthcare index rose by 2.48 per cent at 2939.45, IT sector 2.38 per cent at 2340.58, realty index 2.34 per cent at 2298.39, banking index 2.29 per cent at 5257.38 and power index by 2.07 per cent at 1824.71.
Auto index 1.57 per cent at 2461.69, FMCG index 1.52 per cent at 1989.79, teck index by 1.40 per cent at 2028.37, capital goods index by 0.93 per cent at 7109.88 and metal index by 0.50 per cent at 5566.07.
With the firming trend, small cap segment index rose by 3.21 per cent at 3776.65 and mid cap index by 2.50 per cent at 3244.21.
