Sensex regains 19,000-level; up by almost 300 points

April 18, 2013 16:32

The BSE benchmark Sensex regained 19,000-level in closing hour of trade Thursday after a smart rally by interest sensitive stocks like banks, capital goods and automobile on hopes of an interest rate cut by the central bank early next month.

The 30-share barometer gained by 279.47 points, or 1.49 percent, to 19,010.63 with IT, oil and gas, healthcare, capital goods and realty sector stocks leading the recovery. The index had shed 13.17 points in yesterday's volatile session.

Similarly, the wide-based National Stock Exchange index Nifty moved up by 84.15 points, or 1.48 percent, to 5,772.85.

Brokers said besides encouraging corporate earnings, data showing that FIIs were net buyers in yesterday's trade on the bourses also influenced the trading sentiment.

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