Mumbai, Jan 11 (Agency) The equity market maintained rally for the third straight session as, the BSE Sensex on Tuesday soared 221.26 pts to close at 60,616.89 on the strength of Power, Utilities, Realty and IT stocks. The Nifty of National Stock Exchange (NSE) too rose by 52.45 pts at 18,055.75. Though volatility was witnessed during the session, it ended in green. As the Sensex opened negative at 60,342.70, easing 53 pts. It went down 114 pts at 60,281.52, the day’s low. Later, it erased earlier losses, and ended at 60,616.89, advancing 221.26 pts from its last close. It was 60,689.25, edged up 292 pts, the day’s high. The Sensex registered day’s high and low at 60,689.25 and 60,281.52 respectively. The Nifty recorded the day’s high and low at 18,081.25 and 17,964.40 respectively.
The sectoral indices like Power, Utilities, Realty and IT stocks kept the rally intact for the third straight session. In scrips, HCL Technology was a star gainer, up 4.30 pc at 1344 followed by HDFC by 1.74 pc to Rs 2706.25, Tech Mahindra by 1.58 pc to Rs 1744, TCS by 0.99 pc to Rs 3917.75 and Reliance Industries by 0.71 pc to Rs 2454.90. The losers were Tata Steel by 2.97 pc to Rs 1134.25, Bajaj finance by 0.89 pc to Rs 7659.80, ITC by 0.65 pc to Rs 221.85 and Kotak Bank by 0.51 pc to Rs 1938.10. The Mid Cap rose by 0.01 pc and Small Cap by 0.15 pc. In 30 scrips, 18 advanced while 12 declined. A mixed trend was seen in Asian Market as investors were worrisome about inflation as well as likely policy tightening from central banks such as the Federal Reserve. Japan’s Nikkei fell 0.85 per cent and the Topix index was down 0.55 per cent. Meanwhile, South Korea’s Kospi rose 0.15 per cent. In Hong Kong, the Hang Seng index rose by 0.37 per cent.