The market ended with some spectacular gains. The Sensex
ended up 365.89 points or 1.4 percent at 27274.71 and the Nifty was up 132.50
points or 1.6 percent at 8234.60. About 2033 shares have advanced, 852 shares
declined, and 411 shares were unchanged.Key benchmark indices snapped three-day
losing streak on positive cues from European and Asian markets and as trading
in US index futures indicated a firm opening of US stocks later in the global
day. The barometer index, the S&P BSE Sensex settled well above the
psychological 27,000 level which it had attained in early trade.
The Sensex was provisionally up 372.34 points or 1.38% to
27,281.16. Today's rally on the bourses was broad based. Quite a few side
counters rose 5% to 20% on BSE. The market breadth indicating the overall
health of the market was strong with more than two gainers for every loser on
BSE. The CNX Nifty was up 132.50 points or 1.64% at 8,234.60, as per
provisional closing. The index hit a high of 8,243.50 in intraday trade, its
highest level since 6 January 2015. The index hit a low of 8,167.30 in intraday
trade.
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