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Sensex climbs for sixth straight day, closes 61 points higher



By Rashmi Ghosh
09 April 2009 @ 8:20 pm IST


Stock brokers react while watching Bombay Stock Exchange (BSE) index on their trading terminal in Mumbai, India
Stock brokers react while watching Bombay Stock Exchange (BSE) index on their trading terminal in Mumbai, India. India's market barometer, the Bombay Stock Exchange Sensex closed in the positive zone for the sixth day in a row, rising a marginal 0.57 percent or 61.52 points on Thursday, as investors turned cautious ahead of corporate earnings season and national election.
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Technology outsourcers Wipro and TCS sank 2.80 percent and 0.26 percent respectively.

Other major losers were ONGC (down 2.42 percent), NTPC (down 1.30 percent) and BHEL (down 1.26 percent).

The BSE Midcap and Smallcap indexes continued to outperform the benchmark index, jumping 1.69 percent and 1.66 percent to close up at 3358.35 and 3767.55 respectively.

Among the sectoral indices, the biggest gainers were Realty (up 5.42 percent) and Metal (up 3.72 percent) while FMCG (down 1.36 percent) and Auto (down 0.87 percent) dragged.

In the broader market, 1783 advances outnumbered 789 declines while 78 closed unchanged.

Elsewhere, the broader 50-share S&P CNX Nifty index of the National Stock Exchange (NSE) slipped 0.03 percent or 0.90 point to close down at 3342.05.

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