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The Bombay Stock Exchange benchmark Sensex today gained over 184 points, cutting short its three-day losses with investors buying the recently battered blue chips.
The 30-share BSE index Sensex, which had lost 665 points in the last three sessions, gained 184.40 points to 18,596.02 on increased demand for refinery, consumer durables, realty and auto sector stocks.
Consumer durables sector index made handsome gains, rising 1.73 per cent to 6,874.87 on hopes that better rains would boost crop prospects and improve the purchasing power in the rural areas.
Oil and gas sector index followed next, rising by 1.7 per cent to 9,152.46, propelled by Reliance Industries that rose 1.89 per cent to Rs 864.55 a piece.
Realty sector rose 1.69 per cent to 2,149.83 as DLF surged about 3 per cent per cent on reports that HCL Group may buy a stake in its insurance venture.
Among IT stocks, TCS recovered some its previous session losses, gaining 0.36 per cent to Rs 1,150.90 a share. The company will declare its earnings tomorrow. Infosys, which missed market expectations in its first quarterly results, was still down with marginal losses.
The broad-based National Stock Exchange index Nifty rose 59.30 points to 5,585.45.
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