BSE Sensex 117 points high; NSE 38.30 points

The BSE Sensex made a strong comeback to end higher by nearly 117 points. The 30-share index closed higher 116.76 points or 0.36 percent at 32,506.72. The NSE Nifty closed at 10,184.85, showing a gain of 38.30 points, or 0.38 percent.

After a long Diwali-holiday break, market commenced on a strong note at 32,411.86 points, tracking a firm trend at other Asian markets. But stocks quickly slipped into the negative zone to hit a low of 32,312.74 as participants booked profits at improved levels.

However, revival of buying towards the middle of the session helped the index wipe out losses and touch a high of 32,614.89 before settling 116.76 points or 0.36 percent higher at 32,506.72.

Overall, in the last three straight sessions, the 30- share barometer had lost 243.68, including 194.39 points on the first day of Samvat 2074 in one-hour special ‘Muhurat’ session on Thursday on sustained foreign fund outflows.

The NSE Nifty after reclaiming the key 10,200-point mark, touched a high of 10,224.15 but settled lower at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent. Intra-day, it also hit a low of 10,124.50.