Market ends higher amid thin volumes: Auto stocks up
13 August 2007
It was a good closing for markets but on extremely thin volumes but good breadth. It started with a gap up showed some weakness but pulled up again to end on a high note. The markets have seen been very volatile in the last two weeks but saw a decent session of trade today.
Cues from Asia were mixed and Europe was trading with a gain of around 1% supporting markets at higher level. Other than IT index all the BSE sector indices ended in green. Auto, FMCG and metal index were up over 1.5%.
IT stocks slipped as rupee is trading strong at 40.58 levels. HUL and Tata Power showed solid surge.
Sensex was up 148.96 points or 1.00% at 15017.21, and the Nifty up 40.30 points or 0.93% at 4373.65.
About 2026 shares have advanced, 907 shares declined, and 64 shares are unchanged.
