- DU admissions to begin tomorrowKangana Ranaut was given hugs and kisses by Rekha MadhuriPriyanka don't consider herself as starTaylor Swift youngest on ForbesRevealed! Why Rekha walked out of Fitoor?Want to see Salman Khan's Bajrangi Bhaijaan's trailer? Strictly for fansKangana Ranaut\'s next film is Rangoon with Shahid Kapoor and Saif Ali KhanSee First Look posters of major Bollywood summer releasesRiteish reveals the first look of his son RiaanBombay High Court allowed Salman to travel to Dubai
India on Tuesday in New Delhi dropped four key players, including ace drag-flicker Rupinde
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):
Zayn Malik has spent "a lot of time in the kitchen" since leaving One Direction.
- Rose finds herself getting homesick
- Adam loves shopping sprees with mom
- Oh! Poor Sunny Leone appears before Thane police
- Great! Family comedy drama 'Piku' marks 105 Crore
- Kangana Ranaut was given hugs and kisses by Rekha Madhuri
- Priyanka don't consider herself as star
- Taylor Swift youngest on Forbes
- So these lucky fans can see Salman's Bajrangi Bhaijaan's trailer
Saudi Arabia is planning to build the world's largest hotel with 10,000 rooms at a whoppin
Government is setting up a centre that will detect malicious programmes like 'botnets' and