Press Esc to close
Sunday 26 February 2017
News updated at 3:26 PM IST
Weather
Max: 35.5°C
Min : 19.7°C
In Bengaluru
clear sky

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.

 

Go to Top

Photo Gallery
Tracks laid out for the NEXA P1 Powerboat, Indian Grand Prix of the Seas, the global series...

Tracks laid out for the NEXA P1 Powerboat, Indian Grand Prix of the Seas, the global series...

A damaged car after an accident on Delhi- Gurugram Expressway at Shankar Chowk in Gurugram...

A damaged car after an accident on Delhi- Gurugram Expressway at Shankar Chowk in Gurugram...

A competitor at the All India Stunters and Bikers meet at Chikmagalur in Karnataka...

A competitor at the All India Stunters and Bikers meet at Chikmagalur in Karnataka...

A honey bee collecting nectar from a flower in New Delhi ...

A honey bee collecting nectar from a flower in New Delhi ...

Participants performing the yoga steps during the Mega Self Defence Camp for Women organised...

Participants performing the yoga steps during the Mega Self Defence Camp for Women organised...

Maharashtra Chief Minister Devendra Fadnavis, Mumbai BJP president Ashish Shelar, Maharashtra...

Maharashtra Chief Minister Devendra Fadnavis, Mumbai BJP president Ashish Shelar, Maharashtra...

Mumbai Congress president Sanjay Nirupam along with candidates who won in the BMC polls...

Mumbai Congress president Sanjay Nirupam along with candidates who won in the BMC polls...

Union Water Resources Minister and senior BJP leader Uma Bharti along with party's candidate...

Union Water Resources Minister and senior BJP leader Uma Bharti along with party's candidate...

BJP workers celebrate the party's victory in the Maharashtra civic polls and Odisha Local...

BJP workers celebrate the party's victory in the Maharashtra civic polls and Odisha Local...

BJP MP Varun Gandhi address during a meeting at town hall in Jodhpur ...

BJP MP Varun Gandhi address during a meeting at town hall in Jodhpur ...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523