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Sunday 19 April 2015
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Deregulation buzz lifts Sensex 146 pts

Mumbai, Jan 18, 2012, DHNS:

Key benchmark indices of BSE and NSE bounced back on Thursday in a volatile trading session after government virtually deregulated diesel prices by authorising PSU oil marketing companies to change diesel prices periodically.

BSE Sensex rebounded by a gain of 146 points to settle at 19,964 points at close, while the 50-unit S&P CNX Nifty at National Stock Exchange was up 37 points and closed at 6,039 points. Shares of energy company Reliance Industries (RIL) and state-run ONGC were gainers in the day's rally.

RIL hit 52-week high ahead of its Q3 results to be declared on Friday, while cigarette maker ITC  edged higher ahead of its Q3 results tomorrow.

Telecom stocks gained after the Union Cabinet this morning approved reduction in reserve price for the auction of spectrum in 800 MHz band for CDMA by 50 percent from the previous reserve price approved by the Union Cabinet at its meeting held on August 3, 2012. Expectations that RBI will shift attention to supporting growth by lowering interest rates also boosted markets on Thursday.


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Guru Sai Dutt of PSPB and Neha Pandit of Airport Athority Of India won the men and women title...

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Tibetan Spiritual Leader Dalai lama and Archbishop and Nobel Laureate Desmond Tutu...

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Nuns of Missionaries of Charity wait in a queue to cast their vote infront of a polling centre...

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A langur eats potatoes being sold by a roadside vendor in Ahmadabad...

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Leopard seen in new glass enclosure at Sri Chamarajendra Zoological Garden in Mysuru...

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KSRTC buses standstill due to the 'bundh' called by the Kannada Okkuta...

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A little boy of a migratory family walks freely at BMTC bus stand...

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Various kinds of articles attracting the viewers exhibited during Rajasthani Mela...

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