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Wednesday, April 29, 2009

Market ends strong; Nifty eyes 3500

29 Apr 2009, ET Bureau

MUMBAI: The Indian stock indices ended Wednesday’s trade on a strong note. Market sentiment got a boost from gains in Europe. Traders also sought to settle positions in view of April F&O series expiry and the long weekend.

The Nifty ended the day at provisional 3480.00, higher by 117.65 points or 3.50 per cent from the previous close. The NSE benchmark recorded a high of 3486.40 recovering from an early low of 3366.70.

The Sensex closed the day at provisional 11,414.96, higher by 413.21 points or 3.76 per cent from Tuesday’s close. The 30-share index moved between 11,430.25 and 11,091.56 during the day.

The top Nifty gainers included ICICI Bank, Sterlite Industries, Tata Power, Reliance Capital, Suzlon, Siemens, Hero Honda. The only losers among the Nifty 50 stocks were Reliance Power, Nalco, Idea Cellular and Ambuja Cements.

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