But the frontline index was down over 5 percent from a year ago -- its first annual fall since 2011. Covering-up of short positions following expiry of December futures and options series made investors more sure-footed, brokers said.

The carry-forward of positions to the January series and widening of bets at several blue-chips by investors amid hopes of better returns in the new year accelerated the gains. After a higher start at 25,980.86, the 30-share index settled higher by 157.51 points, or 0.61 percent, at 26,117.54.

The broad-based NSE Nifty rose 50.10 points, or 0.63 percent, to end at 7,946.35, after shuttling between 7,955.55 and 7,891.15.

The Sensex has lost 1,381.88 points, or 5.02 percent, in 2015, after gaining nearly 30 percent in the previous year. The index had last recorded a yearly loss in 2011 when it fell 24 percent.

The index, which settled 2015 at 26,117.54, is also sharply down from its life-time high of 30,024.74 it scaled on March 4 this year on a rate cut boost from RBI. The net FPI inflows this year have slackened to just about USD 3 billion, as against an average of USD 20 billion in each of the last three years.

HDFC took the lead, up 2.39 percent, followed by GAIL (2.18 percent), Coal India (2.06 percent) and Bharti Airtel (2 percent).

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Sensex signs off in style, but slips 5 percent for 2015

 

Mumbai: The last trading day of the year ended on a promising note as the Sensex bounced by about 158 points to 26,117.54 at the close, led by realty and IT stocks.

 

But the frontline index was down over 5 percent from a year ago -- its first annual fall since 2011. Covering-up of short positions following expiry of December futures and options series made investors more sure-footed, brokers said.

 

The carry-forward of positions to the January series and widening of bets at several blue-chips by investors amid hopes of better returns in the new year accelerated the gains. After a higher start at 25,980.86, the 30-share index settled higher by 157.51 points, or 0.61 percent, at

26,117.54.

 

The broad-based NSE Nifty rose 50.10 points, or 0.63 percent, to end at 7,946.35, after shuttling between 7,955.55 and 7,891.15.

 

The Sensex has lost 1,381.88 points, or 5.02 percent, in 2015, after gaining nearly 30 percent in the previous year. The index had last recorded a yearly loss in 2011 when it

fell 24 percent.

 

The index, which settled 2015 at 26,117.54, is also sharply down from its life-time high of 30,024.74 it scaled on March 4 this year on a rate cut boost from RBI. The net FPI inflows this year have slackened to just about USD 3 billion, as against an average of USD 20 billion in each of the last three years.

 

HDFC took the lead, up 2.39 percent, followed by GAIL (2.18 percent), Coal India (2.06 percent) and Bharti Airtel (2 percent).