Sensex posts one-month closing high on FII buying | business | Hindustan Times
Today in New Delhi, India
Dec 14, 2017-Thursday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Sensex posts one-month closing high on FII buying

The BSE Sensex rose for a second straight session on Monday to its highest closing in a month as blue chips including banks gained on continued optimism about foreign investor buying despite rising global uncertainties.

business Updated: Feb 24, 2014 16:47 IST

The BSE Sensex rose for a second straight session on Monday to its highest closing in a month as blue chips including banks gained on continued optimism about foreign investor buying despite rising global uncertainties.

Gains were also helped as Tata Power Company Ltd provisionally surged 5.1 percent after the power regulator's nod to raise tariffs, although NTPC plunged 11.5% as the order was seen as negative to the state-run firm.

The benchmark BSE Sensex provisionally closed higher 0.55% and the broader Nifty ended up 0.5%, their highest close since January 24.

Among lenders, Axis Bank Ltd rose 3.6%.