Market ends choppy trading session higher BSE Sensex provisionally rose 0.3 percent

Market ends choppy trading session higher BSE Sensex provisionally rose 0.3 percent

Tracking higher European markets and led by energy giant Reliance Industries Market managed to close in green.

A recovery in European stocks helped Indian equities score gains in what was a choppy trading session. Sustained buying by foreign funds and on an expected economic recovery in India underpinned sentiment. Oil & gas and IT stocks rose even as auto and realty stocks fell. The market breadth was positive. The BSE 30-share Sensex was provisionally up 55.19 points or 0.35%, up close to 190 points from the day's low and off close to 90 points from the day's high.

The BSE clocked a turnover of Rs 5,957 crore, lower than Rs 6,614.07 crore on Tuesday, 4 August 2009.

The market was volatile. The key benchmark indices surged in early trade recovering from the previous day's 0.6% slide. However, lower Asian stocks pulled the market into the red later. Volatility was high in early afternoon trade. The market moved into the green from red in mid-afternoon trade as index heavyweight Reliance Industries (RIL) rose.

As per the provisional data released by the stock exchanges, foreign institutional investors (FIIs) on Tuesday, 4 August 2009, bought stocks worth a net Rs 219.10 crore and domestic funds mopped equities worth Rs 253.29 crore. FII inflow in calendar year 2009 totaled Rs 36,645.70 crore (till 3 August 2009).