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Sensex closes up 127 points

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  • Sensex
    Sensex ended the day with a gain of 127.05 pts at 14,170.45.

    The capital goods index rose by 1.67 per cent to 12,301.85 followed by power index by 0.97 per cent to 2,770.50 after budgetary proposals indicated more spending in infrastructure and power sector to boost the economy.

    The healthcare index rose by 0.57 per cent to 3,606.73, tech index by 0.50 per cent to 2,552.46, consumer durable index by 0.49 per cent to 2,945.68 and bank index by 0.46 per cent to 7,804.66.

    Meanwhile, PSU and refinery stocks remained under pressure in the absence of the government's silence on disinvestment programme in the Union budget. PSU index fell by 1.75 per cent to 7,636.94 and Oil and Gas index by 1.32 per cent to 8,919.94.

    A weakening trend was also noticed in IT, metal and realty sectors in the absence of any worthwhile support.

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