APN News

Sensex rises 165 points to close at 29,044

 

The benchmark BSE Sensex on Monday regained 29,000-level and settled at over one-month high of 29,044 whereas NSE Nifty raised for the seventh straight session mainly on account of better-than-expected IIP data.

Country’s industrial production grew at a nine-month high of 5 per cent in February on improved mining and manufacturing activity.

The 30-share barometer reclaimed the 29,000-mark by rising 126 points to 29,005 with capital goods, realty, consumer durables, metal, power, FMCG and oil & gas sector stocks leading the gains.

On similar lines, the National Stock Exchange index Nifty regained the 8,800-level by gaining 23 points to 8,803.

Sensex rises 165 points to close at 29,044. Nifty ends 54 points up at 8,834.

Top gainers on the sensex were Bharti Airtel, Bhel, Sun Pharma, L&T and RIL.

Top losers on the sensex were M&M, Hindalco, Gail, Tata Motors and SSLT.

The market breadth indicating the overall health of the market was strong. On BSE, 1,703 shares gained and 1,124 shares fell. A total of 137 shares were unchanged.

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