The market has ended with some smart gains. The Sensex was
up 161.25 points or 0.6 percent at 26586.55 and the Nifty was up 31.00 points
or 0.4 percent at 8013.90. Shrugging off weakness in Asian and European stocks,
key equity benchmark indices in India extended intraday gains in mid-afternoon
trade. The 50-unit CNX Nifty was currently trading above the psychological
8,000 mark, having alternately moved above and below that mark in intraday
trade so far. Earlier, the Nifty had fallen below the psychological 8,000 mark
in morning trade after moving past that mark in early trade.
The barometer index, the S&P BSE Sensex, was currently
up 253.45 points or 0.96% at 26,678.75. In percentage terms, the gains for the
Sensex were higher than those for the Nifty. The Nifty was currently up 58.25
points or 0.73% at 8,041.15. The market breadth indicating the overall health
of the market was positive. The CNX Nifty was up 58.25 points or 0.73% at
8,041.15.
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