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Sensex settles above 14500-level
MUMBAI: The stock market continued with its volatile swings on alternate bouts of selling and buying activities, but managed to close in the positive zone on Tuesday with a modest gain of 13 points in its benchmark index.
The Bombay Stock Exchange 30-share barometer index, Sensex, settled at 14501.08 points, up 13.36 points from its Monday’s close of 14487.72.
The index closed above the 14500 mark for the first time in more than two weeks, even though a marked volatility was noticed on the bourses ahead of the expiry of futures and derivatives contract for the current month, brokers said.
After opening on a weak note, the Sensex rose to as high as 14560.48, about 160 points away from its life-time high of 14723.88 hit earlier on February 9, but pared gains as the trading session progressed.
The Nifty index of the National Stock Exchange closed 26.30 points higher at 4285.70, as against its previous close of 4259.40 points. — PTI
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