Sensex slips off day's highs, closes 119 points up

Nov 22, 2011 |

IANS

mumbai

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A benchmark index for Indian equities markets Tuesday slipped from the day's highs and closed 119 points higher, even as the rupee fell to a new low.

The 30-scrip sensitive index (Sensex) of the BSE, which opened lower at 15,995.69 points, closed at 16,065.42 points, up 119.32 points or 0.75 percent from its previous close at 15,946.1 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange also ended in the positive, 34 points or 0.71 percent higher at 4,812.35 points.

The value of the Indian rupee fell to a record low of 52.73 to a dollar Tuesday morning as demand for the greenback by oil companies and investors rose sharply.

Broader markets also ended higher with the BSE midcap index closing 0.55 percent up. IT, metals and auto stocks were among the major gainers, while consumer durables and FMCG scrips saw selling.

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