Search

Sensex Rose to a 30 Month High

The Sensex rose to a 30 month high on 19 August 2010. The global improvements in economic sphere encouraged FIIs and domestic institutions to buy stocks.

Oct 9, 2010 14:31 IST

The Sensex rose to a 30 month high on 19 August 2010. The global improvements in economic sphere encouraged FIIs and domestic institutions to buy stocks. The benchmark index closed at 18454.94 showing an increase of 197.82 points or 1.08 per cent from its previous close. The Nifty closed at 5540.2 after rising 1.1 per cent. ACC, ICICI Bank, HDFC and JP Associates were the biggest gainers. Bharti Airtel, SBI, NTPC and Mahindra & Mahindra lost out the most. Both FIIs and domestic institutional investors were net buyers of equity on the same day and Retail investors were net sellers for Rs 154 crore on BSE alone. FIIs bought Rs 821 crore worth of equities in the net and DIIs bought Rs 215 crore in the net. The advance decline ratio of the BSE Sensex was 17:13.