Sensex, Nifty futures january 24 2012

Sensex, Nifty futures january 24 2012 : The Bombay Stock Exchange's Sensex surged higher as the market cheered Reserve Bank of India's move to cut CRR by 50 basis points to 5.5 per cent effective from January 28. The cut will inject Rs 32000 crore in the system. At 12:00 pm; the Sensex was at 16994.96, up 243.23 points or 1.45 per cent. The 30-share index touched a high of 17003.78 and low of 16770.01 in trade so far.


The National Stock Exchange's Nifty was at 5124.40, up 78.15 points or 1.55 per cent. The broader index touched a high of 5124.75 and low of 5049.80 intraday.

BSE Midcap Index was up 1.07 per cent and BSE Smallcap Index moved 0.55 per cent higher. Amongst the sectoral indices, BSE Bankex moved 3.19 per cent higher, BSE Capital Goods Index was up 2.75 per cent and BSE Metal Index gained 1.88 per cent.

Larsen & Toubro (4.53%), Hindalco Industries (4.48%), State Bank of India (4.45%), ICICI Bank (3.24%) and Sterlite Industries (2.88%) were the major Sensex gainers.

Maruti Suzuki (-1.69%), GAIL (-0.32%) and Bajaj Auto (-0.15%) were the only losers. Market breadth was positive on the BSE with 1407 gainers against 937 losers. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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