Sensex jumps to 15-month high
29 Sep 2012 2:02 AM GMT
The BSE benchmark Sensex on Friday jumped by 183 points to end at a 15-month high on buying in auto, FMCG and metal stocks amid strong global cues and a surging rupee.
After gaining 269 points at the outset, the Sensex closed up 183.24 points, or 0.99 per cent, at 18,762.74, a level last seen on July 7. The 30-share barometer has gained 8.2 per cent this month. The broad-based National Stock Exchange index Nifty climbed to psychological 5,700 level by adding 53.80 points, to end at 5,703.30. It touched the day's high of 5,735.15.
A firming global trend and the rupee rising to five-month high against the dollar helped the market commence the new settlement in the derivatives segment on a promising note.
BSE ANNOUNCES CIRCUIT-BREAKER FOR NEXT QUARTER
The Bombay Stock Exchange [BSE] Ltd on Friday announced index-based market-wide circuit breaker for October-December quarter this year.
The market-wide circuit breakers would be triggered by movement of either BSE Sensex or the NSE S&P CNX Nifty whichever is breached earlier, a BSE release said.
The BSE said that it the index-based market-wide circuit breaker system is implemented on a quarterly basis.
After gaining 269 points at the outset, the Sensex closed up 183.24 points, or 0.99 per cent, at 18,762.74, a level last seen on July 7. The 30-share barometer has gained 8.2 per cent this month. The broad-based National Stock Exchange index Nifty climbed to psychological 5,700 level by adding 53.80 points, to end at 5,703.30. It touched the day's high of 5,735.15.
A firming global trend and the rupee rising to five-month high against the dollar helped the market commence the new settlement in the derivatives segment on a promising note.
BSE ANNOUNCES CIRCUIT-BREAKER FOR NEXT QUARTER
The Bombay Stock Exchange [BSE] Ltd on Friday announced index-based market-wide circuit breaker for October-December quarter this year.
The market-wide circuit breakers would be triggered by movement of either BSE Sensex or the NSE S&P CNX Nifty whichever is breached earlier, a BSE release said.
The BSE said that it the index-based market-wide circuit breaker system is implemented on a quarterly basis.
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