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Markets end higher; Nifty up 30 pts

This article was posted on Oct 14, 2008 and is filed under Market News

MUMBAI: Markets ended higher but off highs as investors booked profits after pull-back rally in previous trade. While IT stocks ended higher, metals gave away gains to end in negative terrain. Bombay Stock Exchange’s Sensex closed at 11,483.40, up 174.31 points or 1.54 per cent. It touched a high of 11,870.22 and a low of 11,410.49 in trade so far.

National Stock Exchange’s Nifty ended at 3518.65, up 27.95 points or 0.80 per cent. The 50-share index touched an intra-day high of 3,648.25 and a low of 3,491.50.

BSE Midcap Index was up 1.60 per cent and BSE Smallcap Index closed 2.25 per cent higher.

BSE IT Index was up 5.36 per cent, BSE Healthcare Index moved 4.66 per cent higher and BSE Realty Index gained 1.84 per cent. BSE Metal Index ended 1.94 per cent lower.

Biggest Sensex gainers were Satyam Computer (6.09%), Jaiprakash Associates (5.94%), Infosys Technologies (5.63%), Tata Power (5.04%) and Reliance Infrastructure (5.04%).

Losses in Reliance Communications (-4.83%), Hindalco Industries (-4.11%), ONGC (-3.81%), HDFC Bank (-3.47%) and NTPC (2.7%) capped the upside.

Market breadth on BSE showed 1653 declines against 971 advances.

(All the figures are provisional)

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