Sensex snaps 8-day losing streak, up 100
13 Feb 2013 8:06 AM IST
The stock markets on Tuesday closed higher for the first time in nine days, with the Bombay Stock Exchange’s benchmark Sensex rising by over 100 points to close at 19,561.04 on value-buying in ONGC, HDFC Bank, Tata Motors and RIL scrips amid investors shrugging off index of industrial production (IIP) and inflation disappointments.
The BSE’s benchmark 30-scrip Sensex, which had lost 545 points in last eight sessions to mark its longest losing streak since May 2011, bounced back by 100.47 points, or 0.52 per cent to end at 19,561.04. ONGC led the 17 gainers in 30-share Sensex by rising 3.81 per cent, followed by Sun Pharma, Tata Motors, Coal India andBharti Airtel.
The BSE’s benchmark 30-scrip Sensex, which had lost 545 points in last eight sessions to mark its longest losing streak since May 2011, bounced back by 100.47 points, or 0.52 per cent to end at 19,561.04. ONGC led the 17 gainers in 30-share Sensex by rising 3.81 per cent, followed by Sun Pharma, Tata Motors, Coal India andBharti Airtel.
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