- Sridevi\'s \'English Vinglish\' mints $1 million in JapanAlia-Shahid start shooting for ShaandarB-Wood leggy divasSussane Khan brought Ganapati alone in her new homeShekhar Kapoor’s ‘Paani’ girl Ayesha Kapur is a hot girlWhy is Katrina praising ex boyfriend Salman so muchSadhana from a mystery girl to a clubberFive Bollywood sex ComediesSaina and Pullela Gopichand splitSonam\'s fiery statements too hot to handle
Novak Djokovic didn't let Philipp Kohlschreiber stand in the way of another Grand Slam qu
Sensex bounces back from lowest levels at close Last Updated : 18 Feb 2013 05:38:00 PM IST File photo of Bombay stock exchange.
The BSE benchmark Sensex on Monday rebounded from the calendar year's lowest levels to close 33 points up at 19,501.08 on the back of buying in HDFC, L&T, HUL and SBI shares.
After two days of losses, the 30-share index touched an intra-day low of 19,462.92 but then progressed upwards to end at 19,501.08 -- a gain of 32.93 points, or 0.17 per cent.
Brokers said trading remained cautious ahead of Budget this month-end and reduced positions to pick up fundamentally strong scrips. While Tata Steel led 17 gainers in Sensex with 2.49 per cent rise, HDFC, L&T and HUL closed up in 1.5-1.9 per cent range. SBI, Bhel, Sterlite and Hero Moto also closed up.
"As we move towards Budget, investors might remain on sidelines to see the outcome and then decide the future course," said Nagji K Rita,CMD, Inventure Growth & Securities.
RIL gained after Telecom Commission approved provision for companies holding internet services licences with spectrum like Reliance Jio Infocomm (RJI) to provide phone call service by paying additional fee of Rs 1,658 crore each.
Sensex bounces back from 2013 lows, closes 33 points higher:
Outside the benchmark indices, Jet Airways plunged 7.7 per cent amid reports Etihad may revise a deal to buy stake. Sugar scrips like EID Parry, Shree Renuka and Bajaj Hindusthan gained 4-6 per cent on hopes sector deregulation soon.
DLF gained 5 per cent fter recent losses post-earnings.
Experts said gains were capped to some extent due to late profit booking, Moody's warning on India's widening trade deficit and tepid activity in global markets.
Sectorally, the Realty sector index gained the most at 2.08 per cent, followed by Capital Goods at 1.18 per cent, Power index at 1.03 per cent and Metal index at 0.49 per cent.
The NSE 50-share Nifty also moved up by 10.80 points or 0.18 per cent to finish at 5,898.20. "A move past 5,920 could provide sustainable recovery," said Amar Ambani, Head of Research, IIFL.
Post Your Comment (0 posted):
Sridevi's Bollywood comeback vehicle "English Vinglish" has registered a box office collec
- Alia-Shahid start shooting for Shaandar
- B-Wood leggy divas
- Sussane Khan brought Ganapati alone in her new home
- When public watched porn film instead of Desi Kattey songs
- Shekhar Kapoor’s ‘Paani’ girl Ayesha Kapur is a hot girl
- Why is Katrina praising ex boyfriend Salman so much
- Sadhana from a mystery girl to a clubber
- Five Bollywood sex Comedies
Oldest human on earth, a Mexican woman, celebrated her 127th birthday on Sunday.
With rumors of an imminent launch early next month, let's show you how the iPhone 6 will l