The BSE Sensex opened at 26,977, touched a high of 27,010 and low of 26,751 and finally ended with a gain of 147 points at 26,933. Consumer Durables, Oil & Gas, metal, pharma and FMCG stocks were the top gainers. Gains in domestic markets were spurred by comments from the government officials that the economy remains strong and GDP growth will top 7.5 per cent this fiscal year.
Macro data released today however was not so upbeat. Reflecting its weakest rate of expansion in the current period of growth, the Nikkei India Composite PMI output index fell from 52.6 in August to 51.5 in September. Services output saw a slight and softer expansion across the country in September, the latest reading of the Nikkei Business Activity Index showed. This index was down from 51.8 in August to 51.3 in September.
The NSE Nifty opened at 8,180; hit a high of 8,181 and low of 8,097 before signing off with a gain of 34 points or 0.4% at 8,153.
The India VIX (Volatility) index was up 0.94% to 19.30.