Stock market ends on positive note for third consecutive session


Anjali Sharma

GG News Bureau
NEW YORK, 15th May.
According to media reports on Tuesday the Sensex closed up by 328.48 points or 0.45 per cent at 73104.61, while the Nifty surged by 118.55 points or 0.51 per cent to reach 22,217.85.

Stock market ended in a positive territory for the third consecutive session after mixed global cues.

The market fell 2 per cent last week, market benchmarks rebounded this week due to some comfort on the valuation front.

Nifty 50 opened at 22,112.90 against its previous close of 22,104.05 and touched its intraday high and low of 22,270.05 and 22,081.25 respectively.

Sensex opened at 72,696.72 against its previous close of 72,776.1 and touched its intraday high and low of 73,286.26 and 72,683.99, respectively.

The mid and smallcap segments outperformed the benchmarks as they witnessed strong gains.

In the sector-wise analysis, most indices ended with gains with top gainers as Nifty Metal (2.77 per cent), Nifty Auto (1.83 per cent) and Nifty Oil & Gas (1.56 per cent). Nifty Bank rose 0.22 per cent with the PSU Bank index and the Private Bank index rose 1.04 per cent and 0.18 per cent respectively.

Rupee ends at 83.51 per dollar against Monday’s close of 83.53 per dollar.

Gold prices saw a slight decrease with the cost of 24 carat gold being Rs 7360.7 per gm, down by Rs 496.0 while the cost of 22 carat gold is Rs 6742.4 per gm down by Rs 454.0.

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