Sensex ends 324 points up; Maruti Suzuki, Tata Motor, NTPC dip

Mumbai: A benchmark index of Indian equities markets closed 324 points higher weekday as oil and gas stocks rallied on the hopes of a rise in domestic gas rating and a under expected accounting deficit for the quarter complete March thirty one, 2013.

The 30-scrip sensitive index (Sensex) of the S&P metropolis securities market (BSE), that opened at eighteen,716.11 points, closed at eighteen,875.95 points, up 323.83 points or one.75 % from its previous day's shut at eighteen,552.12 points.

The Sensex touched a high of eighteen,925.75 points and a coffee of eighteen,688.28 points in pre-noon trade.

The wider 50-scrip great of the National securities market (NSE) conjointly closed the positive territory. It closed one.68 % or ninety three.65 points up at five,682.35 points.

There was healthy shopping for in oil and gas, healthcare, bank, IT and technology, amusement and media (TECk) stocks. However, there was commerce pressure in consumer goods, capital merchandise and fast paced commodity (FMCG) scrips.

The S&P bovine spongiform encephalitis oil and gas index rose by 268.28 points, tending merchandise index went up by 209.82 points, bank index gained one hundred ninety.03 points, IT index was up 189.67 points and therefore the TECk index grew by ninety five.46 points.

Consumer durables index closed sixty six.57 points down. The capital merchandise index swayback by three.39 points.

Twenty of the 30-sensitive firms gained within the day's trade. These included: ONGC, up 4.14 % at Rs.320.55; Tata practice Services (TCS), up 3.85 % at Rs.1,488.80; HDFC Bank, up 3.62 % at Rs.646.30; Sun drug company, up 3.54 % at Rs.973.55; and Reliance Industries, up 3.48 % at Rs.830.45.

The main losers were: Maruti Suzuki, down 1.61 % at Rs.1,521.60; Tata Motors, down 1.35 % at Rs.269.50; NTPC, down 0.53 % at Rs.140.45; Coal India, down 0.49 % at Rs.286.95; and BHEL, down 0.37 % at Rs.163.05.

Among different Asian markets, the japanese Nikkei was up by two.96 percent, whereas the Chinese droop Seng gained zero.50 percent. The Shanghai Composite Index fell zero.08 percent.

The European markets were commercialism within the positive territory. whereas London's FTSE a hundred was up zero.33 percent, Germany's DAX was commercialism higher by zero.06 % and France's CAC forty was up zero.03 percent.