Sensex up 81 pts; Nifty crosses 5,200 level

Posted by blog master Monday, December 28, 2009

MUMBAI: The Bombay Stock Exchange benchmark Sensex on Tuesday rose by 81.10 points to 17,441.71 points on buying by funds in auto and consumer

durables stocks.

The wide-based National Stock Exchange index Nifty breached the 5,200 points level moving up by 23.65 points to 5,202.05 points.

Brokers said fresh buying activity picked up on optimism over the global economic recovery and robust December quarter earnings for domestic companies.

Mixed cues from other Asian markets also influenced the trading sentiments here, they added.

Among Sensex stocks, power producer NTPC rose by 2.33% to Rs 235.25, while Reliance Infra gained 2.08% at Rs 1,123.00. The country's largest private lender, ICICI Bank, moved up 1.66% to Rs 877.05.

Two-wheeler major Hero Honda rose by 1.29% at Rs 1,757.00, while auto major Tata Motors moved up 1.03% to Rs 788.

The BSE consumer durables index rose by 1.21% to 3,699.41 points while the auto index gained 0.45% at 7,389.62 points.

SOURCE-http://timesofindia.indiatimes.com