Advertisement

HindustanTimes Wed,22 Oct 2014

Sensex snaps 2-day fall, gains 141 points on good Wipro show

PTI  Mumbai, January 20, 2014
First Published: 10:11 IST(20/1/2014) | Last Updated: 16:36 IST(20/1/2014)

Snapping its two-day losing streak,the BSE benchmark Sensex on Monday gained over 141 points on buying in bluechips led by IT stocks after Wipro posted encouraging quarter earnings.
    
The 30-share barometer rose by 141.43 points, or 0.67%, to close at 21,205.05 points. The index, which lost 226 points in the last two sessions, touched a low of 21,001.13 points in day trade.
    
Brokers said sentiment improved as the third-largest software provider Wipro posted attractive earnings for the third quarter ending December 2013.
    
The IT sector index advanced the most rising by 2.83% to 9,661.46. TCS rose by 5.53%, Wipro by 3.77 % and Infosys by 0.59%.
    
The broad-based National Stock Exchange index Nifty rose by 52.30 points, or 0.68% to 6,303.95. It touched the day's low of 6,243.35.
    
Weak overseas trends and a fall in index major Reliance Industries, however capped the gains. RIL fell by 1.70% to Rs. 869.50.
    
Among 30-Sensex stocks, 16 closed with gains. BHEL, Axis Bank, HDFC Bank, Hero MotoCorp, ICICI Bank, ITC, Mahindra and Mahindra and State Bank of India were among major gainers.
    
The Teck index was the second best performer and rose by 2.50% to 5,275.54, followed by FMCG index which settled up by 1.08% to 6,619.06.


Advertisement
more from Business

Rupee up 14 paise against dollar in early trade

Maintaining its rising trend for the fourth straight day, the rupee strengthened by another 14 paise to 61.17 against the US dollar in early trade on Wednesday on sustained foreign capital inflows amid government announcing key reforms in the oil and gas sector.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved