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Indian market: Sensex ends strong at 41,565.90 pts

Indian market: Sensex ends strong at 41,565.90 pts

India Blooms News Service | @indiablooms | 12 Feb 2020, 12:13 pm

Mumbai/UNI: Extending gains for another day on Wednesday the BSE sensex rallied by 349.76 points to 41,565.90 on the strength of buying in FMCG, Finance, IY, Auto and Banks stocks amid strong global cues.

The National Stock Exchange (NSE) too rose by 93.30 points to 12,201.20.

The Nifty registered days high and low at 12,231.75 and 12,144.30 points respectively.

Gaining by 236 points on Tuesday, the Sensex opened higher by 114 points to 41,330.85. It remained in green throughout the session, as it registered days high at 41,671.86, advancing by 465 points before closing at 41,565.90, up by 349.76 points from its last close.

The sectoral indices include, FMCG, Finance, IT, Auto, Bankex and Metal stocks kept the rally intact for another day today. In scrips, Hind Unilever, Kotak Bank, NestleIndia, ICICI Bank and M & M moved up while selling in SBI, IndusInd Bank, Sun Pharma and Titan restricted from further gain, broker informed.

The S&P BSE Mid-Cap index was down 0.30 per cent while the S&P BSE Small-Cap index lost 0.16 per cent.

The market breadth favored the sellers. On the BSE, 953 shares rose and 1475 shares fell. A total of 173 shares were unchanged.

Shares in Europe and Asia edged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak has kept investors wary.