Web Analytics Business News This Week Sensex ends 200 points up at 16,341.70 | Business News This Week

Aug 22, 2011

Sensex ends 200 points up at 16,341.70

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Snapping the loss in sessions previous weeks, the Bombay Stock Exchange (BSE) benchmark Sensex rebound on Monday closing at 16,341.70 points with 200 points higher.

The blue chips Reliance Industries and ONGC helped the Sensex to recover to positive note in the first day of the week. However, the business was full of volatile in the day.

The good start of European stock market and positive cues from US stock market pushed the Indian stock market to green, which touched the lowest mark of 16,046.48 points.

The Nifty also bounced back on Monday by 53.15 points ended at 4,898.80 points.
However, the market need to achieve more to ease the selling pressure, as there has been fears of recession or slowdown.


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