Sensex edges up in thin trade during special session
The BSE benchmark Sensex ended a shade higher by 1.57 points in the special 90-minute trading on Saturday as funds refrained from making any major commitments in the absence of global cues.business Updated: Mar 22, 2014 14:42 IST
In a range-bound trading, the BSE benchmark Sensex ended a shade higher by 1.57 points in the special 90-minute trading on Saturday as funds refrained from making any major commitments in the absence of global cues.
The 30-share index, which has gained a moderate 13.66 points in the previous session, rose by 1.57 points to 21,755.32, after moving between 21,778.92 and 21,725.52.
In a similar fashion, the wide-based National Stock Exchange index Nifty advanced 1.70 points to 6,494.90. The gauge touched the day's high of 6,502.65 and a low of 6,481.35.
The stock exchanges conducted a special live trading session between 11:15am to 12:45am to enable the National Stock Exchange (NSE) test its software.
Brokers said the market moved in a limited range as directionless investors and funds refrained from undertaking any major transactions due to weekend closure of global markets.
In 30-BSE index kitty stocks, 15 gained while other 15 ended with gains.
While Dr Reddy's Lab., Cipla, Sun Pharma, Reliance Industries and Maruti Suzuki gained, stocks of Axis Bank, Hero MotoCorp, Infosys, BHEL and HDFC Bank declined on profit booking from previous session's upsurge.
The Healthcare sector index gained the most by rising 0.66% to 10,325.55 followed by Consumer Durable index by 0.39% to 6,252.07. Auto index rose by 0.36% to 12,771.75 and oil and gas index by 0.26% to 9,078.66.
Both leading bourses conducted a live trading session to test the disaster recover site (DRS).
The exchanges have also informed that shares purchased for delivery in the previous session, will not be available for selling during the special session on Saturday.