Sensex ends 271 points up

Equity trading tips

Sensex ends 271 points up, Nifty above 8,770; Sesa gains over 4%

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The Nifty ended in the positive terrain for the first time after three-day decline with the International Monetary Fund (IMF) raising its growth forecast for the current fiscal to 7.2 per cent.

The 50-share index ended at 8,776, up 76.05 points or 0.87 per cent. It touched a high of 8,787.20 and a low of 8,732.90 in trade on Thursday.

The S&P BSE Sensex closed at 28,930.41, up 271.24 points or 0.95 percent. It touched a high of 28,971.01 and a low of 28,772.71 in trade.

Cairn India (up 4.96 per cent), SesaBSE 3.63 % Sterlite (up 4.72 per cent), NTPCBSE 3.54 % (up 3.74 per cent), HindalcoBSE 3.37 % (up 3.15 per cent) and Sun PharmaBSE 2.46 % (up 2.78 per cent) were the among the index gainers.

Tech MahindraBSE -2.13 % (2.21 per cent), M&M (1.57 per cent), Bajaj AutoBSE -1.01 % (1.36 per cent), Dr Reddy's Laboratories (1.17 per cent) and Coal IndiaBSE -1.23 % (1.03 per cent) were among the major Nifty losers.

The market breadth was positive on the NSE with 914 gainers against 573 losers.