Asian stock markets were boosted on Wednesday after the S&P 500 rose above 1,900 for the first time, but European markets meandered ahead of a likely flat start to US trading.
Though most Asian markets were lifted by the boost to sentiment from
The Standard & Poor's 500 topped the 1,900 mark for the first time on Tuesday, driven by optimism over the economic recovery, before closing just below it, up 0.1 per cent at 1,897.45.
Benchmark US crude for June delivery was up
Sensex slips 56 points
A benchmark index of Indian equities markets on Wednesday closed in the negative territory — down 56 points or 0.24 per cent — after three consecutive sessions of record gains, as oil and gas and capital goods stocks came under heavy selling pressure.
The 30-scrip Sensitive Index (Sensex) of the
The Sensex opened on Wednesday at 23,897.88 points and ended trade at 23,815.12 points (provisional), down 56.11 points or 0.24 per cent from the previous day's close at 23,871.23 points.
The Sensex touched a high of 23,964.67 points and a low of 23,753.36 points intra-day.
Healthy buying was observed in metal, consumer durables, realty, bank and fast moving consumer goods (FMCG) stocks.
The S&P BSE metal index gained 339.29 points, consumer durables index surged 165.92 points, realty index went up 63.44 points, bank index rose 49.94 points, and FMCG index moved up by 43.47 points.
Most Popular Stories
- 'Lucy's' Super Powers Tops 'Hercules' at Box Office
- The 2014 Fastest-Growing 100
- Vancrest Assisted Living Project to Add 20 Jobs
- The Rise and Fall of Richard Alarcon
- Fighting Blocks Investigators, Police From MH17 Crash Site
- Insecticides Permeate U.S. Food, Water Supply
- VW Site Could Mean Another 2,000 Jobs for Chattanooga
- Ford Bumps Price of New F-150
- Nissan Profits Rise on Growth in U.S., China
- U.N. Renews Demand for Gaza Cease-Fire