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Indian Stocks Close 0.23 Pct Higher

Indian Stocks Close 0.23 Pct Higher

Write: Turua [2011-05-20]

The Indian stock benchmark Sensex gained 43.26 points or 0.23 percent Thursday on growth of major world stock bourses.

The index saw big fluctuations across the session and ended at 18,489.76 points with daily low of 18,253.62 points.

Capital goods, automobile, consumer durables and realty sectors grew 2.35 percent, 1.86 percent, 0.45 percent and 0.38 percent, respectively.

Tata Motors, industrial house Jaiprakash Associates, Tata Power and heavy machine maker BHEL advanced 3.67 percent, 3.49 percent, 3.18 percent and 3.1 percent.

Still, metal, oil and gas, technological and IT sectors declined 0.79 percent, 0.67 percent, 0.66 percent and 0.66 percent, respectively.

Reliance Infrastructure, telecom operator Bharti Airtel, software outsourcing player Infosys and Tata Steel lost 3.26 percent, 2.32 percent, 2.04 percent and 1.83 percent.

The turnover with Sensex totaled to 269.1 million U.S. dollars Thursday, from 241.4 million U.S. dollars in the previous session.

Sensex is the common name for the Bombay Stock Exchange Sensitive Index. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange.