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India’s benchmark index, Sensex, on Tuesday, ended on a positive note amidst choppines

After opening in the negative and trading on flat note since morning, the stock market

Tracing strong global cues, India’s benchmark index, Sensex rallied further on Monday (April 21).

Worldwide markets gained on speculation that the credit market losses at the banks will be over and as better than expected results by Caterpillar boosted confidence in machinery producers.

Metal, banking and consumer durable stocks paced the rally in India.

The 30-share index Sensex marked its closure at 16,739.33 after gaining 258.13 points, whereas the broad-based NSE Nifty ended at 5,037, up 78.60 points.

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New York  - Most US stocks fell Monday after Bank of America reported a sharp drop in earnings, sparking fears that the country's credit crisis may not be over just yet.