Sensex extends gains for the 7th day, ends higher by 142 pts

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The benchmark Sensex on  Thursday rose 142 points, extending its winning run to the seventh day, buoyed by gains in HDFC, Infosys and l&T as well as fag-end buying in metal shares after some firms won mines in coal block auction.

Shares of Jindal Steel & Power zoomed by 25.6 per cent, the biggest gain among BSE listed shares on Thursday, after its unit Jindal Power ltd bagged two coal mines in Chhattisgarh.

Sensex constituent Hindalco also surged 3 per cent after it secured the Gare Palma IV/5 block. The BSE Sensex resumed higher at 29,434.91 and shot up further to a high of 29,522.86 on strong buying. It declined afterwards to 29,108.15 on profit-booking in select counters before finishing at 29,462.27, logging a net gain of 142.01 points or 0.48 per cent. In seven days,  the Sensex has gained 1,234.88 points or 4.37 per cent.

Daily Pioneer
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