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Wednesday 26 April 2017
News updated at 5:18 PM IST

Deregulation buzz lifts Sensex 146 pts

Mumbai, Jan 18, 2012, DHNS: 23:50 IST
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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Wife of of CRPF martyr Surender Thakur, who was killed in Naxal attack in Sukma chhattisgarh ...

Wife of of CRPF martyr Surender Thakur, who was killed in Naxal attack in Sukma chhattisgarh ...

Wife of CRPF martyr Inspector Raghbir Singh saluting her husband's body during his funeral in ...

Wife of CRPF martyr Inspector Raghbir Singh saluting her husband's body during his funeral in ...

Daughter of CRPF martyr Sanjay Kumar, who was killed in Naxal attack in Sukma chhattisgarh, wail ...

Daughter of CRPF martyr Sanjay Kumar, who was killed in Naxal attack in Sukma chhattisgarh, wail ...

CRPF martyr Inspector Raghbir Singh being carried during his funeral in village Sathiala, some 50 ..

CRPF martyr Inspector Raghbir Singh being carried during his funeral in village Sathiala, some 50 ..

Union Minister Radhakrishnan paying respect to the body of CRPF martyr Alagupandi, at Madurai ...

Union Minister Radhakrishnan paying respect to the body of CRPF martyr Alagupandi, at Madurai ...

Injured CRPF jawans being airlifted to Raipur by an IAF chopper for treatment on Monday follwing ...

Injured CRPF jawans being airlifted to Raipur by an IAF chopper for treatment on Monday follwing ...

Union Home Minister Rajnath Singh enquiring about the health of injured CRPF personnel at the ...

Union Home Minister Rajnath Singh enquiring about the health of injured CRPF personnel at the ...

School children pay tribute to CRPF jawans killed in the naxal attack in Chhattisgarh's Sukma ...

School children pay tribute to CRPF jawans killed in the naxal attack in Chhattisgarh's Sukma ...

Union Home Minister Rajnath Singh paying tribute to CRPF jawans killed in the naxal attack in ...

Union Home Minister Rajnath Singh paying tribute to CRPF jawans killed in the naxal attack in ...

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

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