Mumbai, Sept 7: The BSE Sensex closed above the 17K mark after nearly a month, gaining over 202 points at 17,065, on all round buying led by heavyweight RIL amid strong overseas markets.
Shrugging off the bomb blast in Delhi, investors bought across-the-board—realty, power, capital goods, banking and metal stocks in value buying.
Terror struck the Capital when a powerful bomb blast at the crowded reception area at the entrance to the Delhi High Court killed 11 people and left 64 injured this morning. However, it did not impact the stock markets.
The Bombay Stock Exchange 30-share barometer opened higher and remained in the positive terrain throughout the day to close at 17,065 -- up 202.19 points or 1.20 percent - highest close since August 11. It had gained 149.48 points or 0.89 per cent yesterday.
The wide-based NSE 50-issue Nifty also improved further by 60.35 points or 1.19 per cent to end at about 4-week high of 5,124.65.
Brokers said cues from Asian and European markets were strong and 12 out of 13 sectoral indices closed in the green. Only BSE-FMCG ended in the red with heavyweights like ITC and HUL showing falls.
FIIs continued to buy and picked up shares worth Rs 431.48 crore yesterday, as per provisional data. RIL, with heaviest weight on the Sensex, notched up 1.32 per cent. It had gained over 4 per cent yesterday.
Brokers said investors were encouraged by BP Plc's comment that it is confident of raising natural gas production from eastern KG-D6 block in two years time.
The British firm last month completed USD 7.2 billion acquisition of 30 per cent stake in 21 oil and gas blocks of Reliance. PTI
