Finally market displays upward trend, Sensex jumps 684.64 pts

Mumbai: The BSE Sensex on Friday bounced back registering huge gains of 684.64 points to close at 57,919.97 on the strength of IT, Technology, Bankex and Financial services amid strong Asian Market.The Nifty of National Stock Exchange (NSE) too surged 171.35 points at 17,185.70.

The Sensex opened on a strong note at 58,162.74, up 927 points. During the session, it was zoomed 1100 points at 58,435.12, days high, before closing at 57,919.97, up 684.64 points from its last close.

In stocks, IT, Technology, Bankex and Financial services pushed the market up.

In scrips, Infosys was a star gainer, up by 4.03 per cent to Rs 1476.95 followed by HDFC Bank by 3.71 per cent to Rs 1445.40, HDFC by 2.82 per cent to Rs 2347.80, HCL Technology by 2.13 per cent to Rs 1,003 and L& T by 2.03 per cent to Rs 1,914.05.

The losers were M & M by 1.26 per cent to Rs 1,232, Asian Paints by 0.68 per cent to Rs 3,189.30, Reliance industries Ltd by 0.50 per cent to Rs 2,372 and Bharti Airtel by 0.41 per cent to Rs 761.65.

The Mid Cap fell by 0.13 while Small Cap rose by 0.01 per cent.In 30 scrips, 20 advanced while 10 declined.

The Asian Market was seen strong, as Australia went up by 1.67 per cent followed by China by 1.84 per cent, Hong Kong by 1.25 per cent and Japan by 3.25 per cent.(UNI)