Press Esc to close
Tuesday 27 September 2016
News updated at 8:28 AM IST
Weather
Max: 27.3°C
Min : 19.8°C
In Bengaluru
Generally 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
A girl and her father kick a pinata representing Donald Trump...

A girl and her father kick a pinata representing Donald Trump...

Children pay tribute to Indian soldiers killed in Uri strike, during an event...

Children pay tribute to Indian soldiers killed in Uri strike, during an event...

Tourists celebrating World Tourism Day in Pushkar on Monday...

Tourists celebrating World Tourism Day in Pushkar on Monday...

Sushma Swaraj, Minister of External Affairs for India, speaks during the 71st session...

Sushma Swaraj, Minister of External Affairs for India, speaks during the 71st session...

College students paying tribute to Uri attack martyrs in Mumbai...

College students paying tribute to Uri attack martyrs in Mumbai...

Indian team players celebrate their victory over New Zealand on the final day...

Indian team players celebrate their victory over New Zealand on the final day...

Sudarsan Pattnaik creates a sand sculpture with message 'Keep It Clean: Happy World Tourism Day'....

Sudarsan Pattnaik creates a sand sculpture with message 'Keep It Clean: Happy World Tourism Day'....

Bollywood actor Juhi Chawla during the inauguration of a cancer initiative...

Bollywood actor Juhi Chawla during the inauguration of a cancer initiative...

Indian Space Research Organisation (ISRO)'s PSLV C35 carrying SCATSAT-1...

Indian Space Research Organisation (ISRO)'s PSLV C35 carrying SCATSAT-1...

'Thousands Hands' Goddess Durga being prepared at a community puja pandal ahead of the Durga Puja...

'Thousands Hands' Goddess Durga being prepared at a community puja pandal ahead of the Durga Puja...

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