In lacklustre trading, the Bombay Stock Exchange sensitive index, Sensex, gained marginally on global cues and hopes that the U.S. Federal Reserve will implement further monetary stimulus measures when it meets on Wednesday.
The BSE 30-share index closed at 16896.63, up 36.83 points, led by metal sector which was up by 1.28 per cent followed by capital goods 1.17 per cent, health care 1.16 per cent, power 0.99 per cent and automobile 0.92 per cent.
Stocks of realty (-) 0.07 per cent, FMCG (-) 0.20 per cent, technology (-) 0.41 per cent and information technology (-) 0.41 per cent ended in the negative territory.
The National Stock Exchange’s 50-share Nifty closed at 5120.55, up 16.70 points.
Rupee weakens further
The rupee weakened for a third consecutive day on Wednesday to end below 56 to the dollar. The rupee’s record low of 56.52 per dollar (intra-day) was recorded on May 31.
It closed at 56.15/16 a dollar against Tuesday’s close of 55.95/96 a dollar.