Sensex jumps 941.12 points

The BSE Sensex on Monday posted massive gains of 941.12 points to close strong at 74671.28 following the gains of Bankex, Oil and Gas, Financial Services, and Utilities stocks.

Easing crude oil prices and geographic tension too boosted the same.

The National Stock Exchange (NSE) rose 223.45 points to 22,643.40.

Tumbling down 600 points on Friday, the Sensex opened in recovery mode, rising 252 points. It remained in green throughout the session, it spurted 991 points at 74721, days high, before closing at 74671.28, up 941.12 points from its previous close.

The NSE registered days high and low at 22,655.80 and 22,441.90 points, respectively.

The stocks that shined were Bankex by 2.70 pc, followed by Financial Services by 1.81 pc, Utilities by 1.12 pc, and Oil and Gas by 1.02 pc.

In 30 scrips, 26 advanced, while 4 declined.

The gainers were ICICI Bank by 4.67 percent to Rs 1158.80, SBI by 3.09 pc to Rs 826.15, IndusInd Bank by 3.05 pc to Rs 1489.90, Ultracemco by 2.93 pc to Rs 9984, and Axis Bank by 2.47 pc to Rs 1158.

The losers were HCL Technology by 5.79 pc to Rs 1387.10, ITC by 0.44 pc to Rs 438 and Wipro by 0.37 pc to Rs 462.95.

In Asian Market, Strait Times was up by 0.06 pc, Hang Seng by 0.54 pc and Taiwan Weighted by 1.83 pc.