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Sensex extends gains, strong Asian cues help

Category :India Sub Category :National,Business
2009-08-13 00:00:00
   Views : 420

54 percent at Rs.742.80; Hindalco, up 4.2 percent at Rs.107.85; DLF, up 3.94 percent at Rs.387.80, and Hero Honda, up 3.65 percent at Rs.1,491.05.

In other Asian markets, the Nikkei 225 Stock Average, a key index of the Tokyo Stock Exchange closed 82.19 points higher than its previous close at 10,517.19 points, a gain of 0.79 percent.

The Hang Seng, the primary index of the Hong Kong Stock Exchange, too, was ruling higher at 20,835.67 points, up 400.43 points or 1.96 percent.

US stocks had rallied Wednesday after two straight days of losses, buoyed by the Federal Reserve's more upbeat assessment of the state of the country's economy.

While the blue-chip Dow Jones Industrial Average climbed 120.16 points or 1.3 percent to close at 9,361.61 points, the broader Standard and Poor's 500 jumped 11.46 points or 1.15 percent to 1,005.81 points.

The technology-heavy Nasdaq Composite Index rose 28.99 points or 1.47 percent to 1,998.72.




Author :Indo Asian News Service



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