Sensex Soars 352 Points; Nifty Ends Above 10150

BSE-Sensex business

After a strong start at 32,968.02, the Sensex reclaimed the 33,000-mark to hit a high of 33,008.62 points but profit- booking at higher levels capped the gains. At about 9.40 am, the Sensex jumped 150 points or 0.46 per cent at 32,746.90 while the NSE Nifty gained 49.05 points or 0.49 per cent to 10,093.15. Meanwhile, the Nifty was trading higher by 75.70 points or 0.75% at 10,119.80 with 45 components gaining.

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Weak Asian cues as technology stocks tracked a sell-off in their United States counterparts that saw the Nasdaq tumbling over 1 per cent overnight, weighed on the sentiments, brokers said.

On the NSE, 1,273 shares advanced, 473 declined, while 60 remained unchanged.

Sharp fall in global oil prices on Wednesday also boosted investor sentiment.

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All the BSE sectoral indices closed in the green, led by telecom, consumer durables, power, capital goods, auto, oil & gas, and realty.

In the broader markets, the S&P BSE mid-cap index closed higher by 1.38 per cent and the small-cap index by 1.29 per cent.

Other gainers were Asian Paints, Maruti Suzuki, Tata Steel, Bajaj Auto, NTPC, L&T, ICICI Bank, HUL, SBI, Tata Motors, Lupin, Adani Ports, Hero Motocorp, Power Grid and Infosys, rising by up to 3.29 per cent.

Coal India (-0.7%), TCS (-0.6%), Cipla (-0.4%), and Wipro (-0.5%) were the top losers.

In the eurozone, key indices such as Paris CAC 40 and Frankfurt's DAX were up by 0.32 per cent and 0.55 per cent in their early deals.

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