Advertisement

HindustanTimes Sat,20 Sep 2014

Sensex back in positive terrain; ends 21 pts higher

PTI  Mumbai, September 25, 2012
First Published: 10:14 IST(25/9/2012) | Last Updated: 16:38 IST(25/9/2012)

The BSE benchmark Sensex on Tuesday ended over 21 points higher on some buying in fundamentally strong stocks as investors remained hopeful of more reform measures by the government to boost the economy.

Advertisement

The Sensex, which had lost 79 points in the previous session, recovered by 21.07 points, or 0.11%, at 18,694.41.

Of 30 Sensex stocks, 12 gained while 18 closed lower. The BSE smallcap index rose by 0.53% to 6,903.15 and mid-cap index by 0.46% to 6,483.49.

Brokers said investors remained confident of government giving a further push to economic reforms, particularly after the Cabinet yesterday approved Rs. 1.9 lakh crore debt restructuring of state electricity boards.

Power sector stocks, led by Torrent Power, ended with gains. Torrent rose by 1.78% to Rs. 171.10, Adani Power was up 1.09% and Reliance Power 0.94%.

Brokers said mild profit-booking trimmed the gains but markets more or less were in buoyant mode.

The broad-based National Stock Exchange index Nifty rose by 4.30 points, or 0.08% to 5,673.90 led by stocks of realty and FMCG.


Advertisement
more from Business

Larry Ellison steps down as Oracle CEO after 37 years

Larry Ellison, co-founder and leader of Oracle Corp for 37 years, stepped aside as chief executive officer on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, raising questions about a job-sharing arrangement that has had a fraught record elsewhere.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved