Sensex rallies in last hour, closes 160 points higher

India Gazette (IANS) Thursday 9th February, 2012

A benchmark index of Indian equities markets Thursday shot up in the last hour of trade, after languishing in the red for most of the day, and provisionally closed 160 points higher.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,647.8 points, closed at 17,867.37 points (provisional), 160.05 points or 0.9 percent up from its previous close at 17,707.32 points.

The 50-scrip SP CNX Nifty of the National Stock Exchange also closed higher at 5,419.2 points, up 51.05 points or 0.95 percent from its previous close.

Broader markets also rose with the BSE 500 index closing 1.02 percent higher. The BSE midcap index closed 1.25 percent higher while the BSE smallcap index gained 1.19 percent.

As per the 13 sectoral indices on the BSE, banking, metal and auto stocks were on the rise, while energy scrips saw some selling.

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