Press Esc to close
Wednesday 01 June 2016
News updated at 2:05 AM IST
Weather
Max: 31.2°C
Min : 21.7°C
In Bengaluru
Sunny day

Sensex breaches 20K mark after 6wks;up 76pts led by TCS,Airtel

Mumbai, July 15, 2013, (PTI)
Reuters File Image.

Paring early losses, the BSE benchmark Sensex today shot up by 76 points to close above the 20,000 mark for the first time in over six weeks, led by gains in bluechips, including TCS and Bharti Airtel, as inflation numbers met market expectations amid firm global cues.

The 30-share index started the day lower at 19,904.47 on profit booking triggered by weak IIP and retail inflation numbers that came after trading hours on Friday. It, however, reversed the falling trend during the day and closed 76.01, or 0.38 per cent higher at 20,034.48.

This is the first time that the index has closed above the 20,000 mark since 20,215.40 on May 30.

Similarly, the wide-based National Stock Exchange index Nifty gained 21.80 points, or 0.36 per cent, to close at 6,030.80. Also, SX40 index, the flagship index of MCX-SX, closed 51.15 points, or 0.43 per cent higher at 11,940.03.

Brokers said the trading sentiment improved as wholesale- price index based inflation rose less than the market expectations and optimism over the earnings season which took a firm start with Infosys posting smart numbers. The WPI-based inflation rose 4.86 per cent in June compared with a 4.7 per cent in May.

They said a firming trend in global markets as Chinese economic growth matched forecasts further influenced the trading sentiment.

Out of the 30 BSE index components, 18 stocks closed with gains led by Hindalco rising 3.69 per cent to Rs 105.40.

Other major gainers included Tata Consultancy Services (2.20 per cent), Bharti Airtel (3.20 per cent) and Hindustan Unilever (2.06 per cent).

Sector-wise, the realty sector index gained the most by 1.94 per cent to 1,547.66, followed by FMCG by 1.19 per cent to 7,030.41.

However, the third most heavy on the index Infosys fell by 2.17 per cent to Rs 2,741.85 on profit booking. The stock had surged 12 per cent in the previous session after reporting higher quarter earnings.


Go to Top

Photo Gallery
Biking Queens Yugma Desai, Sarika Mehta, Khyati N. Desai and Durriya M. Tapiya...

Biking Queens Yugma Desai, Sarika Mehta, Khyati N. Desai and Durriya M. Tapiya...

Camels with sign boards of BJP President Amit Shah during Sardar Patel Kisan Maha Sammelan...

Camels with sign boards of BJP President Amit Shah during Sardar Patel Kisan Maha Sammelan...

Restoration work in progress after an empty coach derailed off a slow track between Lower Parel...

Restoration work in progress after an empty coach derailed off a slow track between Lower Parel...

People dressed up as famous personalities taking part in the 'Carnival rally' to mark World No...

People dressed up as famous personalities taking part in the 'Carnival rally' to mark World No...

Police personal pay a final tribute to mortal remains of De Javaregowda, at Kuvempu Vidyavardhaka..

Police personal pay a final tribute to mortal remains of De Javaregowda, at Kuvempu Vidyavardhaka..

Couples embrace along the shores of the Arabian Sea in Mumbai, India ...

Couples embrace along the shores of the Arabian Sea in Mumbai, India ...

Children wear masks during an awareness campaign on 'World No Tobacco' day in Kolkata...

Children wear masks during an awareness campaign on 'World No Tobacco' day in Kolkata...

A view of Jawaharlal Nehru Planetarium in Bengaluru on Tuesday...

A view of Jawaharlal Nehru Planetarium in Bengaluru on Tuesday...

Bollywood actress Huma Qureshi performs at the CEAT Cricket Rating awards night in Mumbai...

Bollywood actress Huma Qureshi performs at the CEAT Cricket Rating awards night in Mumbai...

Bollywood actress Jacqueline Fernandez with Malaika Arora Khan on the sets of a TV show...

Bollywood actress Jacqueline Fernandez with Malaika Arora Khan on the sets of a TV show...

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