November 4, 2010 2:18 PM

printer

Sensex continues to trade in green

The Sensex at the Bombay Stock Exchange, which had climbed 188 points in opening trade, today, later shot up even further, to stand a hefty 371 points, or 1.8 percent in the green, at 20,837, a short while ago. Stocks rose on strong capital inflows by foreign funds, robust quarterly earnings by Indian corporates, and a firm trend in the global markets. Meanwhile, public sector, Coal India Ltd. today listed on the BSE at a premium of 28 per cent, at 315 rupees, compared to its offer price of 245 rupees a share. Other key Asian markets in Japan, China, Hong Kong, Indonesia, South Korea, Singapore and Taiwan gained between 0.1 percent and 2 percent, today, as investors took heart from the US central bank's decision to buy 600 billion dollars in government bonds, in an effort to stimulate the faltering US economy. The US Dow Jones Industrial Average had gained 0.2 per cent in yesterday's trade.

Most Read
View All arrow-right

No posts found.