Sensex snaps losing string, gains 135 pts

The Bombay Stock Exchange benchmark sensex on Wednesday spurted by over 134 points to snap its five-day long losing spree with metal, capital goods and realty sectors attracting buying support amid positive cues in Asian bourses. The 30-share sensex, which lost nearly 960 points in the past five sessions, rebounded to post a gain 134.50 points at 14,678.23. The key index touched the day’s high of 14,746.20 and a low of 14,584.03 points. The 50-share nifty of the National Stock Exchange also gained 47.50 points, or 1.09%, to close at 4,415.75 from its last close. Market participants said the domestic bourses were driven by global factors in the absence of any major local trigger and a strong bounce in Asian markets pushed up domestic stocks on Wednesday.