Sensex at fresh 3-year high, up by 11 points as L&T surges
22 Oct 2013 5:57 AM IST
In choppy trade, the benchmark Sensex on Monday managed to hold its three-year high level by adding just 11 points on buying in capital goods stocks, mainly in Larsen and Toubro, after the company maintained its revenue guidance, amid a firming global trend.
After moving between 20,970.92 and 20,768.99 during the day, the 30-share BSE index ended higher by 11 points or 0.05 per cent at 20,893.89.
The broader National Stock Exchange index Nifty also rose by 15.60 points, or 0.25 per cent, to close at 6,204.95. However, the SX40 index on the MCX Stock Exchange closed lower by 17.5 points at 12,398.86.
Brokers said the trading sentiment was supported by a firm trend in capital goods sector stocks led by Larsen and Toubro, after the company maintained its revenue guidance for this fiscal year.
Market was also boosted by continuing foreign capital fund flows, they added. Larsen and Toubro stocks surged 6.05 per cent to Rs 925.15.
Rupee dips by 25p against $
Mumbai: The rupee fell for the second day amid volatility in the stock markets, dropping 25 paise to 61.52 against the dollar on Monday on persistent demand from importers and banks as the US currency strengthened overseas.
After moving between 20,970.92 and 20,768.99 during the day, the 30-share BSE index ended higher by 11 points or 0.05 per cent at 20,893.89.
The broader National Stock Exchange index Nifty also rose by 15.60 points, or 0.25 per cent, to close at 6,204.95. However, the SX40 index on the MCX Stock Exchange closed lower by 17.5 points at 12,398.86.
Brokers said the trading sentiment was supported by a firm trend in capital goods sector stocks led by Larsen and Toubro, after the company maintained its revenue guidance for this fiscal year.
Market was also boosted by continuing foreign capital fund flows, they added. Larsen and Toubro stocks surged 6.05 per cent to Rs 925.15.
Rupee dips by 25p against $
Mumbai: The rupee fell for the second day amid volatility in the stock markets, dropping 25 paise to 61.52 against the dollar on Monday on persistent demand from importers and banks as the US currency strengthened overseas.
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