Tokyo - While the Tokyo market ended Monday morning trading higher, tracking Wall Street's rises before the weekend, gains were capped due to concern over the spead of Mexico's swine flu outbreak.
The benchmark Nikkei 225 Stock Average rose 68.64 points, or 0.79 per cent, to 8,776.63.
The broader Topix index of all first-section issues was also up 8.88 points, or 1.07 per cent, at 838.93.
The market sentiment was boosted in Tokyo after US carmaker Ford Motor Co reported better-than-expected earnings.
It was another excellent session as the market ended the wek with a good rally today. The Bombay Stock Exchange 30-share index closed on a strong note for second consecutive day, on significant buying across various sectors.
The BSE Sensex closed higher by 194.06 points at 11,329.05 while NSE Nifty ended up by 57.05 points at 3,480.75. The Sensex touched intraday high of 11,362.88 and intraday low of 11,070.33.
Indian Stock Markets opened marginally higher, but later found support on back on strong global cues. The benchmark indices closed on a strong note for the second day led by telecom, capital goods, auto and bank stocks. The Sensex closed 194 points or 1.74% higher at 11,329 and the Nifty rose 1.67% or 57 points to settle at 3,480. The broader indices - CNX Midcap was up 1.68% and BSE Smallcap Index closed 68 points or 1.71%.
The Sensex surged during afternoon trade led by buying in frontline stocks.
On sectoral front, Banking, capital goods, consumer durables and realty stocks contributed to most of the market rally, while IT and FMCG stocks went down.
On the other hand, BSE Midcap and Smallcap index gained 1.49% and 1.69% respectively.
The market was unstable. It marched up in a volatile early trade. Later it fell into the red zone. It regained during morning trade. Volatility ruled the roost during early afternoon trade.
Asian stocks advanced for the second day, as gains by financial companies countered concern the global recession is hurting earnings. India’s benchmark Bombay Stock Exchange Sensitive Index may rise a further 10 percent to 12,300 with investors seeking to buy amid a “market correction” and the outlook for corporate earnings improving, BNP Paribas said.
Tokyo - While the Tokyo market ended Monday morning trading higher, tracking Wall Street's rises before the weekend, gains were capped due to concern over the spead of Mexico's swine flu outbreak.
It was another excellent session as the market ended the wek with a good rally today. The Bombay Stock Exchange 30-share index closed on a strong note for second consecutive day, on significant buying across various sectors.
Mumbai, Apr 24: The Bombay Stock Exchange benchmark Sensex on Friday climbed to a six-month high at 11,329.05.
Indian Stock Markets opened marginally higher, but later found support on back on strong global cues. The benchmark indices closed on a strong note for the second day led by telecom, capital goods, auto and bank stocks. The Sensex closed 194 points or 1.74% higher at 11,329 and the Nifty rose 1.67% or 57 points to settle at 3,480. The broader indices - CNX Midcap was up 1.68% and BSE Smallcap Index closed 68 points or 1.71%.
The Sensex surged during afternoon trade led by buying in frontline stocks. 
Asian stocks advanced for the second day, as gains by financial companies countered concern the global recession is hurting earnings. India’s benchmark Bombay Stock Exchange Sensitive Index may rise a further 10 percent to 12,300 with investors seeking to buy amid a “market correction” and the outlook for corporate earnings improving, BNP Paribas said.
