Stocks, rupee close higher

October 21, 2014 10:11 pm | Updated October 18, 2016 02:06 pm IST - MUMBAI:

Stock indices extended their gains for the third consecutive trading day as metal and power stocks gained handsomely after the Union Government announced its plans to offer a pool of coal mines to private players through e-auction process to end stalemate in the sector.

The Bombay Stock Exchange (BSE) 30-share Sensitive Index (Sensex) closed at 26575.65 with a gain of 145.80 points.

All broader indices too gained as the BSE 100 was up by 0.65 per cent, BSE 200 gained 0.69 per cent and BSE 500 was up by 0.68 per cent.On the National Stock Exchange (NSE), the 50-share Nifty closed at 7927.75 with a gain of 48.35 points or 0.61 per cent.

Meanwhile, the rupee closed at 61.31 a dollar on Tuesday as compared to 61.36 on the previous trading day.

The Indian currency, after making a high of 58.32 on May 23, 2014, has been largely trading in the range of 60-62.

Earlier PTI story : >Reforms pushing up Sensex to one week high

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