Press Esc to close
Tuesday 23 December 2014
News updated at 2:47 AM IST
Weather
Max: 28.3°C
Min : 17.1°C
In Bengaluru
Partially cloudy

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
People sit around a bonfire to warm themselves during a...

People sit around a bonfire to warm themselves during a...

IAF soldiers march during a rehearsal for the upcoming...

IAF soldiers march during a rehearsal for the upcoming...

Super Star Amitabh Bachchan  along with Chief Minister of...

Super Star Amitabh Bachchan along with Chief Minister of...

SP Chief Mulayam Singh Yadav chats with RJD President...

SP Chief Mulayam Singh Yadav chats with RJD President...

A Leopard walks by the bushes at Bannerghatta...

A Leopard walks by the bushes at Bannerghatta...

A Rajasthani folk dancer performs during handicraft...

A Rajasthani folk dancer performs during handicraft...

An Indian man exercises as fog envelops a park...

An Indian man exercises as fog envelops a park...

A shop is attracting people, to purchase Christmas...

A shop is attracting people, to purchase Christmas...

A family is performing the rituals as part of the Ellamavasye celebration...

A family is performing the rituals as part of the Ellamavasye celebration...

Students along with teacher takes part in the 'Swachha Bharath Abhiyan'...

Students along with teacher takes part in the 'Swachha Bharath Abhiyan'...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523