Press Esc to close
Sunday 04 December 2016
News updated at 3:33 PM IST
Weather
Max: 26.9°C
Min : 18°C
In Bengaluru
Rain lightly

Sensex closes 21 points higher; Infosys down over 2 per cent

Mumbai, Dec 23, 2013, (PTI):
After rising nearly 130 points, the benchmark Sensex today closed with a slender gain of 21.31 points on late selling in bluechips including Infosys, HDFC and TCS despite a firm trend in the global markets. PTI file photo

After rising nearly 130 points, the benchmark Sensex today closed with a slender gain of 21.31 points on late selling in bluechips including Infosys, HDFC and TCS despite a firm trend in the global markets.

In volatile trade, the BSE Sensex rose to day's high of 21,207.89 but frittered away most gains to end at 21,101.03, a rise of 21.31 points, or 0.10 per cent. The gauge had surged 371.10 points on Friday.

Twenty one constituents, including ITC, ICICI Bank and ONGC, rose in the 30-share index. However, Infosys that fell 2.3 per cent, HDFC (1.2 per cent down) and TCS (0.5 per cent down) accounted for nearly 90-point drop in Sensex.
Brokers said apart from profit-booking at higher levels, RBI Governor Raghuram Rajan's comment that nobody should doubt the central bank's desire to fight inflation, also led to selling.

The 50-share NSE index Nifty closed 10.25 points up, or 0.16 per cent, at 6,284.50. Also, SX40 index, the flagship index of MCX-SX, closed 33.67 points up at 12,559.21.
Sectorally, the BSE Realty sector index gained the most today by rising 3.16 per cent, followed by Metal index (1.52 per cent), Capital goods index (1.30 per cent) and Power index (0.93 per cent).

However, BSE IT and TECK fell. "Infosys saw a sentimental impact after the company announced the exit another senior management personnel. IT stocks are trading in overbought zone and a correction in the near term can't be ruled out," said Milan Bavishi, Head Research, Inventure Growth and Securities.

In broader markets, United Spirits fell over 3 per cent after after a court last week ordered the annulment of sale of United Breweries Holdings' (UBHL) stake in United Spirits to Diageo.
Globally, major Asian markets closed higher. European indices were also trading higher in early trades.


Go to Top

Photo Gallery
South Indian actress Priyamani poses infront of a replica of Rome's Trevi Fountain...

South Indian actress Priyamani poses infront of a replica of Rome's Trevi Fountain...

People take part in boat rally in Yamuna river to spread awareness about 'Namami Gange Project...

People take part in boat rally in Yamuna river to spread awareness about 'Namami Gange Project...

Delegates of the 6th Ministerial Conference of the Heart of Asia-Istanbul Process...

Delegates of the 6th Ministerial Conference of the Heart of Asia-Istanbul Process...

Dog lovers participated at the 38th & 39th All Breed Championship Dog Shows, organized by...

Dog lovers participated at the 38th & 39th All Breed Championship Dog Shows, organized by...

People take out a rally to protest against Union Carbide and Dow Chemicals on the 32nd anniversary..

People take out a rally to protest against Union Carbide and Dow Chemicals on the 32nd anniversary..

Sitar player and composer Anoushka Shankar performs during a concert in Chennai...

Sitar player and composer Anoushka Shankar performs during a concert in Chennai...

Bollywood actor John Abraham during the launch of Nissan GT-R, in Mumbai...

Bollywood actor John Abraham during the launch of Nissan GT-R, in Mumbai...

The sunset in Kalaburgi on Friday...

The sunset in Kalaburgi on Friday...

Cricketer Yuvraj Singh and Hazel Keech during their marriage with Hindu rituals in Goa...

Cricketer Yuvraj Singh and Hazel Keech during their marriage with Hindu rituals in Goa...

Protesters throwing stones on police and CRPF amid tear smoke during a clash after Friday...

Protesters throwing stones on police and CRPF amid tear smoke during a clash after Friday...

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