Market extends gains for third day, Sensex nudges up 66 points

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MUMBAI, OCT 01, 2015: The benchmark BSE Sensex on Thursday closed 66 points higher, its third straight day of gains, on strong global cues coupled with the positive momentum created by the RBI rate cut on Tuesday.
Profit-booking in banking, auto and realty stocks ensured the 30-share index barometer ended with a modest gain of 66.12 points at 26,220.95.
The NSE Nifty was no exception to profit-booking, which slipped before settling higher by 2 points at 7,950.90.
Selling came to the fore after data showed that India’s manufacturing sector output slipped to a seven-month low of 51.2 in September as order flow turned sluggish amid a “difficult economic climate”.
Sectorally, BSE healthcare rose 1.46 per cent, followed by consumer durables, capital goods and technology.
The small-cap and mid-cap indices jumped 0.20 per cent and 0.18 per cent, too.
Of the 30-share Sensex pack, 16 ended in the green.
The market breadth remained positive as 1,377 stocks surged while 1,312 lost while 130 ruled steady. The total turnover dropped to Rs 2,937.37 crore, from Rs 4,344.13 crore yesterday.

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