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  Business   Market  23 Apr 2018  Sensex ends higher in choppy trade

Sensex ends higher in choppy trade

PTI
Published : Apr 23, 2018, 4:22 pm IST
Updated : Apr 23, 2018, 4:22 pm IST

Encouraging earnings from some blue-chip companies also supported the upmove, brokers said.

The BSE Sensex rose 35 points to close at an over two-month high of 34,450.77 in choppy trade on Monday.
 The BSE Sensex rose 35 points to close at an over two-month high of 34,450.77 in choppy trade on Monday.

Mumbai: The BSE Sensex rose 35 points to close at an over two-month high of 34,450.77 in choppy trade on Monday on steady buying in realty, healthcare, consumer durables and IT sectors.

Encouraging earnings from some blue-chip companies also supported the upmove, brokers said. Trading was volatile due to negative Asian cues, lower opening in Europe and a weak rupee, they added. Tata Consultancy Services (TCS) touched the USD 100 billion market capitalisation mark intra-day, but ended the session a tad lower.

The 30-share Sensex resumed higher at 34,493.69 but quickly slipped to 34,259.27 on profit booking and weak Asian cues. It bounced back to touch a high of 34,663.95 as TCS saw heavy buying, before finally ending at 34,450.77, showing a gain of 35.19 points, or 0.10 per cent.

This is its highest closing since February 5 when it had ended at 34,757.16. The broader NSE Nifty touched a high of 10,638.35 before settling at 10,584.70 -- up 20.65 points, or 0.20 per cent.

Intra-day, it hit a low of 10,514.95. On a net basis, domestic institutional investors (DIIs) bought shares worth Rs 111.01 crore, while foreign portfolio investors (FPIs) sold to the tune of Rs 21.02 crore on Friday, provisional data showed.

Tags: realty, healthcare, bombay stock exchange, nifty, tata consultancy services
Location: India, Maharashtra, Mumbai (Bombay)