Press Esc to close
Tuesday 04 August 2015
News updated at 10:25 AM IST
Weather
Max: 28.6°C
Min : 21°C
In Bengaluru
Generally cloudy

Sensex snaps seven-day losing streak, up 23 points

Mumbai, Mar 26 , 2013, (PTI):
File Photo

The BSE benchmark Sensex today snapped a seven-day losing streak by rising 23 points on buying by funds mainly in consumer durables and FMGC stocks ahead of monthly expiry in the derivatives segment amid a firming European trend.

The Sensex closed 23.11 points up, or 0.12 per cent, to close at 18,704.53. The index moved between 18,758.88 and 18,612.37 points. The gauge had lost 890 points in last seven trading sessions.

Similarly, the broad-based National Stock Exchange index Nifty rose by 7.75 points, or 0.14 per cent, to 5,641.60, after moving between 5,655.30 and 5,612.05.

Brokers said trading sentiments improved on investors covering their pending long positions created in last seven sessions of losses before the settlement in derivatives segment on Thursday and some winding up their positions on ending of the current financial year.

They said the market received another boost on reports of higher opening in Europe before US data that may show durable-goods orders increased and new-house sales held close to a four-year high last month.

Confidence among global investors also received booster after the government approved six FDI proposals, including that of AirAsia Investment, Malaysia, totalling over Rs 732 crore.

The market will remain closed on Wednesday and Friday on account of Holi and Good Friday, respectively.

In 30-BSE index components, 15 stocks closed higher led by Hindustan Unilever, ITC Ltd, Infosys, ICICI Bank, HDFC Bank, HDFC Bank, Bharti Airtel and Coal India.

However, the most heavy on the benchmark Reliance Industries tumbled by 3.25 per cent to Rs 783.40, Hero MotoCorp by 2.69 per cent to Rs 1,572.50, Larsen and Toubro by 2.24 per cent to Rs 1,337 and BHEL by 1.76 per cent to Rs 176.30.

The stock of Hindalco remained unchanged at Rs 88 in limited deals.


Go to Top

Photo Gallery
Locals wade through a waterlogged road after high tide on River Ganga at Kalighat...

Locals wade through a waterlogged road after high tide on River Ganga at Kalighat...

Foreign tourists wade through a waterlogged road after high tide on Ganga river at Kalighat...

Foreign tourists wade through a waterlogged road after high tide on Ganga river at Kalighat...

Children sitting on the roof of a house in a flooded village at Satul in Murshidabad...

Children sitting on the roof of a house in a flooded village at Satul in Murshidabad...

Manish Malhotra with actress Aishwarya Rai on the ramp at the India Couture Week...

Manish Malhotra with actress Aishwarya Rai on the ramp at the India Couture Week...

Juhi Chawla at an interactive session on health hazards due to mobile radiations in Mumbai...

Juhi Chawla at an interactive session on health hazards due to mobile radiations in Mumbai...

Sania Mirza walks the ramp during a fashion show at India International Jewellery Week...

Sania Mirza walks the ramp during a fashion show at India International Jewellery Week...

Nawazuddin Siddiqui in Bhopal on Monday to promote his upcoming film 'Manjhi - The Mountain Man'...

Nawazuddin Siddiqui in Bhopal on Monday to promote his upcoming film 'Manjhi - The Mountain Man'...

Sonam Kapoor walks the ramp during India International Jewellery Week...

Sonam Kapoor walks the ramp during India International Jewellery Week...

Kohli reacts at a hotel staff after arriving at Hotel Taj in Colombo...

Kohli reacts at a hotel staff after arriving at Hotel Taj in Colombo...

Chitrangada Singh walks the ramp during India International Jewellery Week...

Chitrangada Singh walks the ramp during India International Jewellery Week...

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