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Sensex ends 33 points up, recovers from 2013 lows

Press Trust of India | Updated Feb 18, 2013 at 04:34pm IST

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Mumbai: The BSE benchmark Sensex on Monday closed 33 points higher as investors indulged in selective buying mainly in realty and capital goods sectors ahead of the union budget.

The Sensex rose by 32.93 points, or 0.17 per cent, to close at 19,501.08. The gauge had touched the day's high of 19,554.48 at the outset. The index had declined 140 points in last two sessions.

Similarly, the broad-based National Stock Exchange index Nifty advanced 10.80 points or 0.18 per cent to 5,898.20, after touching the day's high of 5,911.

Sensex ends 33 points up, recovers from 2013 lows

Nifty advanced 10.80 points or 0.18 per cent to 5,898.20, after touching the day\'s high of 5,911.

Brokers said investors remained cautious ahead of the union budget this month-end and reduced their positions to pick fundamentally strong stocks in realty and heavy machinery sectors. They said a weak ending in Asian region and lower opening in Europe capped the gains to some extent.

In 30-BSE index components, 17 stocks gained led by Reliance Industries, Larsen and Toubro, DLF Ltd, State Bank of India, Housing Development Finance Corp and Hero MotoCorp.

The realty sector index gained the most by 2.08 per cent to 2,078.90 followed by capital goods by 1.18 per cent to 9,878.03. Power index rose by 1.03 per cent to 1,835.89 and metal index by 0.49 per cent to 9,952.68.

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Corporate

BSE Sensex

Posted on May 20, 2013 at 09:30AM IST
BSE Sensex or Bombay Stock Exchange Sensitive Index is a value-weighted index composed of 30 stocks started in 01 of jan, 1986. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Sto ...

Corporate

Economy

Posted on May 19, 2013 at 05:20AM IST
The economy of India is the twelfth largest economy in the world by market exchange rates and the fourth largest by purchasing power parity (PPP) basis. India was under socialist-based policies for an entire generation from the 1947 until 199 ...

Corporate

Nifty

Posted on May 20, 2013 at 09:30AM IST
The Standard & Poor's CRISIL NSE Index 50 or S&P CNX Nifty nicknamed Nifty 50 or simply Nifty (NSE: ^NSEI), is the leading index for large companies on the National Stock Exchange of India. The Nifty is a well diversified 50 stock index accoun ...

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