Market Report
The Sensex closed at 20,339 up 89 points and the Nifty was at 6,135 up 32 points after making an intra-day high of 6,192. The Mid cap and Small cap indices were up by 0.77% and 1.32% respectively. The breadth of the market was positive and the total turnover recorded at Rs 94,016Cr. The Oct future ended with 20 points premium.
Increase in buying activity towards the end of the session helped the BSE’s 30-share sensitive index Sensex to shut shop above the psychological 20,300-level while the NSE’s 50-share broadly followed index Nifty Future settled marginally below the crucial 6,150-mark. Auto, metal and oil & gas counters witnessed maximum gains during the session while marketmen opted to unwind their positions in technology and software stocks. Small-cap space hogged the limelight throughout the session and also outperformed its larger peers with good margin. Indications from world equities were supportive in trade today with most of the regional peers finishing in the green.
The rupee climbed near a two-year peak against the dollar on Monday but retreated from session highs by the close of the day after local shares failed to build on morning gains. But, the dollar remained under pressure against its major rivals in the overseas markets.
The partially-convertible Indian currency ended at 44.40/41 per dollar after opening at the day's peak of 44.1750. It touched a day's low of 44.44/45 and had closed at 44.4350 last Friday.
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