BSE and NSE benchmarks had a boost on Tuesday continuing their growth streak while plunging at a three-month high with a siginificant gain in points over last day. Sensex registered a spurt of 215 points while closing at 19,888.95 while the 6000 points mark was crossed by Nifty once again giving a psychological sense of stability to the market dealers.
The growth was attributed to the high sales from the FIIs in banking, FMCG, realty and stocks in the automotive sector.
Nifty has reached 6043.55 points today after a growth of 72.5 points registering a 1.2% growth.
Gold and Silver followed the downward trend yet againon Tuesday. With a Rs 220 fall in Gold to Rs 27,650 for 10gm, the prices have moderately come down. Silver on the other hand lost Rs 900 to reach Rs 45,300. Bullion traders have been estimating that the jewellers and industrial units have reduced their offtake resulting in the fall of prices.
(AW- Anil)