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Sensex ends up 345pts at 10,060

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BS Reporter Mumbai

The Sensex opened almost flat at 9,710 - down five points. After an upmove in initial trades, the index soon slipped into red to a low of 9,633. Fresh buying at lower levels, mainly in banking and realty stocks, helped the index recover its losses and rebound into the positive zone.

A sharp fall in headline inflation numbers, coupled with expectations of the second stimulus package to announced in the near term, boosted the market sentiment.

Agressive buying towards the close saw the index rally to a high of 10,110 - up 477 points from the day's low. The Sensex finally (provisional) ended with a gain of 345 points at 10,060.

 

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First Published: Dec 18 2008 | 3:32 PM IST

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