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Sensex Jumps 325 Pts Led By RIL, Infosys Amid Firm Global Mkts

Mumbai, Oct 10: The BSE benchmark Sensex advanced for the second day today, adding about 325 points on sustained buying by funds in blue-chips led by Reliance Industries and Infosys, amid firm global trend on

PTI [ Updated: October 10, 2011 16:52 IST ]
sensex jumps 325 pts led by ril infosys amid firm global
sensex jumps 325 pts led by ril infosys amid firm global mkts

Mumbai, Oct 10: The BSE benchmark Sensex advanced for the second day today, adding about 325 points on sustained buying by funds in blue-chips led by Reliance Industries and Infosys, amid firm global trend on easing concerns over the euro-zone debt crisis.


The Bombay Stock Exchange 30-share index, Sensex, which had gained 440 points in the previous session, spurted another 324.69 points to close the day at 16,557.23.

Similarly, the broad-based National Stock Exchange index Nifty spurted by 91.55 points to 4,979.60.

A firm trend in Asia and higher openings in Europe, as Germany and France pledged to shield troubled banks in the region, bolstered trading sentiment.

RIL jumped the most, gaining 3.30 per cent. IT bellwether Infosys shot up 3.36 per cent, ahead of its quarterly results.  The two carry around 20 per cent weight in the Sensex.

Other IT firms gained as well, with TCS rising 2.03 per cent; Wipro, 4.42 per cent and HCLT, 2.41 per cent.

Tata Motors zoomed up 7.40 per cent.

In all, 25 of the 30 Sensex counters ended with gains while other five ended lower.

Besides, barring healthcare, all the 13 sectoral indices remained in the positive zone, led by realty, IT and refinery.

The realty sector index gained the most - up 3.22 per cent to 1,791.84, followed by IT that rose 2.85 per cent to 5,390.67. Consumer Durables rose 2.78 per cent to 6,522.34 and Oil and Gas by 2.72 per cent to 8,681.20. PTI

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