Indian market: Sensex ends firm at 38,506.09; up 291.62 pts
Mumbai, Oct 15 (UNI) The BSE Sensex remained strong for the third straight session on Tuesday as it advanced by 291.62 points to 38,506.09 on brisk gains in Auto, Bankex, Powergrid and Metal stocks tracking positive global sentiments triggered by China confirming phase-one trade deal with the US.
The National Stock Exchange (NSE) too rose by 87.15 points to 11,428.30.
The equity market remained in green throughout the day, as it opened higher by 102 points to 38,316.49. It spurted by 421 points to 38,635.19 day high before closing at 38,506.09, advancing by 291.62 points from its last close.
It registered day low at 38,238.27, up by 24 points.
The Nifty recorded day high and low at 11,462.35 and 11,342.10 points respectively.
The broader market was mixed. The S&P BSE Mid-Cap index was up 0.72%, but the S&P BSE Smallcap index was down 0.11 pc.
The sectoral indices like FMCG, Finance, Auto, Bankex, Metal and Power kept the market strong.
In scrips, VEDL, M & M, Hero MotoCorp, ONGC and Maruti Suzuki spurted during the day.
Key benchmark indices ended with strong gains on Tuesday, tracking positive global sentiments triggered by China confirming phase-one trade deal with the US. Geng Shuang, spokesman of China's Foreign Ministry, reportedly said US statement on partial trade deal is accurate and there is no difference with the US on the trade agreement.
The market breadth favored the sellers. On the BSE, 1113 shares rose and 1354 shares fell. A total of 190 shares remain unchanged.
In Nifty 50 index, the market breadth was strong with 41 stocks advancing and 9 stocks declining.
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