Sensex closes 120 points up; FMCG stocks rise

A benchmark index of Indian equities markets provisionally closed Thursday's trade at 28,562.82, up 120.11 points or 0.42 percent from its previous close.

Healthy buying was seen in fast moving consumer goods (FMCG), bank and capital goods stocks, while heavy selling pressure was observed in information technology (IT),consumer durables and technology, entertainment and media (TECK) scrip.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 28,616.93 points, closed at 28,562.62 points (provisionally), up 120.11 points or 0.42 percent from the previous day's close at 28,442.71 points.

The Sensex touched a high of 28,808.78 points and a low of 28,448.95 points in intra-trade.

The S&P FMCG index gained by 235.46 points, bank index went up by 161.66 points, and capital goods index rose by 65.31 points.

However, IT index was lower by 53.22 points, consumer durables index was down 52.75 points and TECK index dipped by 37.75 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed in positive territory. After hitting an intra-day record high of 8,626.95 points, it closed at 8,564.40 points -- up 26.75 points or 0.31 percent.