Sensex up 72 points after suffering losses in early trade
BY PTI14 Oct 2013 10:01 PM IST
PTI14 Oct 2013 10:01 PM IST
The sensex resumed slightly higher at 20,534.61, but dropped to 20,497.88 on mild profit booking mainly in metal and power counters.
However, it recovered afterwards to 20,645.94 before quoting at 20,600.13 at 1030 hours, showing a gain of 71.44 points or 0.35 per cent from its last weekend's level.
The NSE 50-share Nifty also moved up by 13.50 points or 0.22 per cent to 6,111.95 at 1030 hours.
Major gainers were Wipro (3.50 per cent), TCS (1.78 per cent), Dr Reddy (1.59 per cent), Coal India (1.38 per cent) and Infosys (1.19 per cent).
However, Hindalco Ind fell by 3.33 per cent, Tata Steel 1.58 per cent, BHEL 1.43 per cent and Jindal Steel 1.10 per cent.
Foreign institutional investors (FIIs) bought shares worth a net Rs 1010.45 crores on last Friday as per provisional data from the stock exchanges.
Asian stocks fell in their early trade as US lawmakers struggled over an accord to raise the nation's debt limit and restore government operations.
Key benchmark indices in Singapore, South Korea, and Taiwan fell between 0.03 per cent to 0.7 per cent. China's Shanghai Composite rose 0.46 per cent. Stock markets in Japan, Indonesia and Hong Kong were closed for holidays.
However, it recovered afterwards to 20,645.94 before quoting at 20,600.13 at 1030 hours, showing a gain of 71.44 points or 0.35 per cent from its last weekend's level.
The NSE 50-share Nifty also moved up by 13.50 points or 0.22 per cent to 6,111.95 at 1030 hours.
Major gainers were Wipro (3.50 per cent), TCS (1.78 per cent), Dr Reddy (1.59 per cent), Coal India (1.38 per cent) and Infosys (1.19 per cent).
However, Hindalco Ind fell by 3.33 per cent, Tata Steel 1.58 per cent, BHEL 1.43 per cent and Jindal Steel 1.10 per cent.
Foreign institutional investors (FIIs) bought shares worth a net Rs 1010.45 crores on last Friday as per provisional data from the stock exchanges.
Asian stocks fell in their early trade as US lawmakers struggled over an accord to raise the nation's debt limit and restore government operations.
Key benchmark indices in Singapore, South Korea, and Taiwan fell between 0.03 per cent to 0.7 per cent. China's Shanghai Composite rose 0.46 per cent. Stock markets in Japan, Indonesia and Hong Kong were closed for holidays.
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