In volatile trading, the Bombay Stock Exchange sensitive index, Sensex, managed to end in the positive terrain, gaining 29 points on Monday and closed at 18037.19 against 18008.15 last Friday on fresh buying in realty,

FMCG and auto counters, as government pegged the economic growth rate higher for the current fiscal as compared to 2009-10.

Besides, cues from the European markets were firm. However, shares of consumer durables, capital goods and healthcare declined on persistent selling pressure.

The government announced economic growth for the current financial year at 8.6 per cent against 8 per cent a year ago, boosting sentiment to some extent.

Finance Minister Pranab Mukherjee said the 8.6 per cent economic growth estimated for the current fiscal was satisfactory in the wake of rising inflation and trade imbalances. The BSE benchmark resumed higher at 18135.02 and hovered in a range of 18180.94 and 17977.01 before concluding at 18037.19.

However, the NSE 50-share Nifty ended flat at 5396 against 5395.75.

Rupee gains

The rupee continued to rule firm for the fifth straight day against the dollar on Monday and gained 11 paise to end at 45.48/49 on persistent dollar sale by banks and corporates on the back of a weak greenback overseas.

The rupee opened lower at 45.61/62 against last Friday's close of 45.59/60. It moved in a range of 45.45 and 45.65 during intra-day.

Keywords: sensexBSEstocksmarkets


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