The market has ended with smart gains. The Sensex is up
126.89 points at 27585.27 and the Nifty is up 38.50 points at 8323.00. About
1651 shares have advanced, 1258 shares declined, and 373 shares are unchanged. Gains
in European stocks and US index futures triggered upmove for key equity
benchmark indices in India in mid-afternoon trade. Benchmark indices saw a
sudden upmove in mid-afternoon trade after alternately moving between positive
and negative zone near the flat line. The 50-unit CNX Nifty hit its highest
level in almost a week.
Earlier during the day, the barometer index, the S&P BSE
Sensex, had hit its highest level in almost a week. The Sensex was currently up
66.65 points or 0.24% at 27,525.03. The market breadth indicating the overall
health of the market was positive. The CNX Nifty was up 25.50 points or 0.31%
at 8,310. The index hit a high of 8,311.95 in intraday trade, its highest level
since 6 January 2015. The index hit a low of 8,245.60 in intraday trade.
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