Thursday, June 14, 2007

Sensex surges 200 points on funds buying, short-covering

The Bombay Stock Exchange benchmark Sensex climbed 200 points on 14 June on the back of a rally in blue chip stocks, led by metals and capital goods sectors.Firming global markets also influenced the trading sentiments here, triggering the buying spree.

The Sensex moved in a one-way direction throughout the session and ended 200.69 points, or by 1.43%, up at 14,203.72 after touching the day’s high of 14,219.24. It had lost nearly 128 points on 13 June.Similarly, the second wide-based National Stock Exchange index shot up by 56.95 points to close the session at 4,170.

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