Sensex recovers by 77.42 pts

MUMBAI: The 30 scrip Index of the Bombay Stock Exchange today recovered by 77.42 points to open at 17,661.39 on fresh demand from local operators along with positive trend in Asian Markets. The Nifty of National Stock Exchange (NSE) rose by 30.70 points to 5369.45. Sliding by 168 points yesterday, the Sensex moved up in the opening session today as buying was witnessed in Metal, Power, Capial Goods, and Health Care and Auto stocks. However, Realty, FMCG, IT, Technology, Oil and Gas were seen weak. The Sensex recorded intra day high and low at 17,674.63 and 17,504.38 points respectively. The Nifty registered intra day high and low at 5369.45 and 5315.05 points respectively. The heavyweight scrip’s like Hindalco Industries, Sun Pharma, Jindal Steel, Tata Steel, Hero MotoCorp, Sterlite Industries and Reliance pushed the sensex up. Presently, the Sensex was declining by 15.23 points to 17,568.74 following profi t booking from local operators. DLF, ONGC, Bajaj Auto and ITC erased its earlier gain, brokes said. The gainers were Hindalco Industries by 2.46 per cent to Rs 154.35, Sun Pharma by 1.98 per cent to Rs 559.70, Jindal Steel by 1.82 per cent to Rs 585.90, Tata Steel by 1.48 per cent to Rs 469.05 and BHEL by 1.19 per cent to Rs 302.60. The losers were DLF by 4.59 per cent to Rs 204.80, ONGC by 2.05 per cent to Rs 281.95, Bajaj Auto by 1.48 per cent to Rs 1750.75 and ITC by 0.82 per cent to Rs 205.