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Wednesday, September 1, 2010

BSE Sensex closes up by1.31 percent



It proved to be a good day for major Indian stock markets including Sensex and National Stock exchanges as they closed up by over one percent after boosted by strong GDP figures and increase in industrial output, At Bombay Stock exchange all the sectoral sub indices closed in green while the benchmark index SENSEX closed up by a whopping 234 points thanks to the communication sector shares and Realty sector.

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Talking component wise the Sensex had a growth ratio of 90 percent as 27 out of 30 components closed in green territory The Sensex finally read figures of 18205.87 up 234.75 points at closing bell today. Thus making it the biggest close since the August 4 closing.

The broader index National Stock Exchange's Nifty also closed in green by about 1.28 percent and read as 5471.85 up^ 69.45 points. Most of the buying was seen by foreign investors. Metals were the top gainers with the metal index up by over 3 percent followed by the other indices.

The global stock markets are also looking very optimistic today.

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