The S&P BSE Sensex gained 164 points to end at 20,700.75 on Friday on persistent capital inflows from foreign funds coupled with firm global cues.

Shares of capital goods, banking, IT, FMCG, Metal and TECk sectors were in good demand from operators.

Foreign institutional investors (FIIs) bought shares worth a net Rs 206.46 crore yesterday, as per provisional data from the stock exchanges.

The NSE 50-share index Nifty also ended 64 points or 1.05 per cent higher at 6,155.

Major gainers were — Axis Bank (2.85%), L&T (1.89%) ITC (1.83%), Tata Steel (1.8%), ICICI Bank (1.62%) and SBI (1.46%).

Volatility index, India Vix, was at 14.04, down 7.38 per cent.

European indices, DAX was in red while FTSE-100 and CAC-40 were in the green.

Asian stocks rose today after a larger-than-forecast climb of US manufacturing in February tempered concern about global growth.

Key benchmark indices in Taiwan, Singapore, Japan, Hong Kong and South Korea were up by 0.44-2.02 per cent while China’s Shanghai Composite fell 0.97 per cent.

US stocks rose yesterday on data showing that American factory activity accelerated in February at its fastest pace in nearly four years.

(This article was published on February 21, 2014)
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