MUMBAI:
The Bombay Stock Exchange gathered momentum in late afternoon trade on the last day of the January series, with both the Sensex and the Nifty closing more than one per cent up at new closing peaks on hectic short-covering.
Metal, capital goods, automobile and bank shares rallied sharply in the last 30 minutes of trade on hectic shortcovering by operators.
The BSE bellwether opened firm at 14151.62 and later surged to the intra-day high of 14307.19 before closing at 14282.72, a net rise of 172.26 points or 1.22 per cent over Wednesday's close of 14110.46.The markets witnessed a rush of activity in the last 30 minutes in a bid to cover short positions. — PTI
Printer friendly
page Send this article to Friends by
E-Mail
