- Beyonce opts for Indian dress againMughal Gardens to open on Friday'Jism 3' most boldest erotic thrillerRakhi Sawant wants to become a porn star nowDeepika will get intimate with Vin DieselSalman Khan wants children without marriage!Teddy Day 2016 wallpaper, images, greetingsVarun Dhawan to star in 'Judwaa 2'Salman goes clean-shaven in new look of 'Sultan'Preity quashes marriage report again
Nestle has terminated a sponsorship programme with world athletics' governing body (IAAF)
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.
Source: IANS, Other Agencies, Staff Reporters
For Latest Updates Please-
Join us on
Follow us on
Post Your Comment (0 posted):
When we talk about Valentine's day, how can we forget our most romantic Bollywood couples?
- Mallika Sherawat clicks Power selfie with Obama
- Shraddha Kapoor to croon for 'Baaghi
- What do Bollywood celebs fear?
- Bollywood film "Neerja" banned in Pakistan
- Rakesh Roshan reserved the release date for Hrithik Roshan's Kaabil
- Katrina bored with 'hardworking' tag, wants poetic adjectives
- 'Kapoor and Sons' special to all of us: Karan Johar
- Hollywood not everybody's cup of tea: Arjun Kapoor
Kristina Pimenova,a 10-year-old Russian girl, has sparked controversy by landing a top mo
Panasonic launches P66 Mega smartphone at Rs. 7,990 in New Delhi on Tuesday.