Press Esc to close
Monday 16 January 2017
News updated at 4:11 PM IST
Weather
Max: 27.6°C
Min : 15.5°C
In Bengaluru
Sunny day

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
Art lovers thronging Chitra Santhe organised by Karnataka Chitrakala Parishat on Kumara Krupa...

Art lovers thronging Chitra Santhe organised by Karnataka Chitrakala Parishat on Kumara Krupa...

Large number of art lovers visiting the 14th annual art fair 'Chitra Sante' organized...

Large number of art lovers visiting the 14th annual art fair 'Chitra Sante' organized...

A large number of tourists throng Mysuru Palace as weekend holidays and Mysuru Zoo remain closed...

A large number of tourists throng Mysuru Palace as weekend holidays and Mysuru Zoo remain closed...

People walk on a snow covered road following heavy snowfall at Kandi Area in Budhal, Rajouri...

People walk on a snow covered road following heavy snowfall at Kandi Area in Budhal, Rajouri...

Students make a rangoli to aware people on voting in Moradabad on Sunday...

Students make a rangoli to aware people on voting in Moradabad on Sunday...

ABVP activists run with the Tricolours at an event ahead of Republic Day on the outskirts ...

ABVP activists run with the Tricolours at an event ahead of Republic Day on the outskirts ...

Army Chief Gen Bipin Rawat inspecting the guard of honour during the Army Day parade in New Delhi...

Army Chief Gen Bipin Rawat inspecting the guard of honour during the Army Day parade in New Delhi...

People take part in marathon on the Bandra-Worli Sea Link, in Mumbai...

People take part in marathon on the Bandra-Worli Sea Link, in Mumbai...

People are participated in Kite Festival organised by Rotary Bangalore Lakeside at HSR Layout...

People are participated in Kite Festival organised by Rotary Bangalore Lakeside at HSR Layout...

A man with his decorated camel during the 24th International Camel Festival, in Bikaner...

A man with his decorated camel during the 24th International Camel Festival, in Bikaner...

Like us on Facebook

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