Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessMarketsSensex closes 421 pts higher; Metal index up 5%

    Sensex closes 421 pts higher; Metal index up 5%

    The Sensex gained as much as 452 points in intra-day trade on Tuesday, continuing a positive uptrend for the second consecutive session in the year 2012. Global cues and the rally in most beaten down sectors like capital goods, banks and metals boosted the confidence of the Indian equities.

    January 03, 2012 / 17:50 IST

    The Sensex gained 452 points intra-day trade on Tuesday, continuing a positive uptrend for the second consecutive session in the year 2012. Global cues and the rally in most beaten down sectors like capital goods, banks and metals boosted the confidence of the Indian equities.

    The Sensex rose 421.44 points or 2.72%, to close at 15,939.36 led by 28 stocks. The Nifty rallied 128.55 points or 2.77%, to end at 4,765.30.  

    Sudarshan Sukhani of s2analytics.com feels there may be some more headroom for the market. "Given today

    first published: Jan 3, 2012 03:57 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347