SENSEX continuing up word march and rose by 523point

Posted on July 21, 2008. Filed under: ooolalah NEWS | Tags: , , |

SENSEX continuing up word march and rose by 523point, due to the fall in crude oil prices, which partly reduced chances of further hike in inflation and boosted demand for investment in selected heavy-weight stocks, led by bank, realty and capital goods sectors.

ICICI Bank, the country’s largest private lender, gained the most in almost six months. It settled at Rs.617.60, a gain of Rs.66.40, or 12.05 per cent.

HDFC Bank rose the most in eight months to close at Rs.1,033.55, up Rs.75.45, or 7.87 per cent.

Oil and gas index rose by 379.96 points to 9,232.04.

PSU index rose by 254.48 points to 6,121.15.

Realty index rose by 242.22 points to 4,670.24.

Power index rose by 79.04 points to 2,381.81.

FMCG index rose by 54.10 points to 1,196.04.

Auto index rose by 65.15 points to 3,600.93.

Consumer durable index rose by 23.14 points to 3,463.74.

Tech index by 17.04 points at 2,881.84 and

Healthcare index rose by 14.57 points to 3,990.85 points.

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