Sensex closes 138 points high; oil and gas stocks rise

Image
IANS Mumbai
Last Updated : Jul 04 2014 | 4:05 PM IST

A benchmark index of Indian equities markets Friday closed 138.31 points or 0.54 percent higher, as oil and gas and bank stocks surged.

Healthy buying was also observed in healthcare, realty, fast moving consumer goods (FMCG) and power sectors, while selling pressure was seen in metal, capital goods and consumer durables scrips.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,844.80 points, closed at 25,962.06 points (provisional), up 138.31 points or 0.54 percent from the previous day's close at 25,823.75 points.

The Sensex touched a high of 25,981.51 points and a low of 25,659.33 points in trade.

The S&P BSE oil and gas index gained 184.42 points, bank index increased by 129.29 points and healthcare index went up by 56.59 points.

Realty index was up 22.90 points, followed by FMCG index which gained 22.20 points and power index rose 20.95 points.

However, metal index dropped by 118.35 points, capital goods index was lower by 44.53 points and consume durables index was down 33.15 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed the day's trade 36.80 points or 0.48 percent up 7,751.60 points.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 04 2014 | 4:02 PM IST

Next Story