ECONOMY ANALYSIS
BSE Sensex gains 133 pts, Nifty ends above 6250; Hindalco up 7%
IOC stake sale at 10% discount; govt to get Rs 5,300 cr
Q3 FY14 GDP seen flat at 4.8%; services may rise: CNBC-TV18 Poll
ITI soars 6% on hopes of getting another revival package
MARKET ANALYSIS
The S&P BSE Sensex provisionally closed near its 5-week high on Friday, led by gains in TCS, Tata Motors, Sun Pharma and ONGC.
The index touched its highest intra-day level since Jan. 24 of 21,140.51. The Sensex last closed above 21k was last month, at 21,133.56 on January 24.
Gains supported by consistent foreign fund inflow as overseas investors have been net buyers of cash shares in each of the previous 10 sessions, with inflows totalling around $600 million, exchange and regulatory data show, said a Reuters report.
The 50-share index provisionally closed at 6276.95, up 38 point or 0.61 per cent. It touched a high of 6,282.70 and a low of 6,228.10 in trade today.
The S&P BSE Sensex ended at 21,076.27, up 89 points or 0.43 per cent. It touched a high of 21,140.51 and a low of 20,989.66 in trade today.
BSE Sensex gains 133 pts, Nifty ends above 6250; Hindalco up 7%
IOC stake sale at 10% discount; govt to get Rs 5,300 cr
Q3 FY14 GDP seen flat at 4.8%; services may rise: CNBC-TV18 Poll
ITI soars 6% on hopes of getting another revival package
MARKET ANALYSIS
The S&P BSE Sensex provisionally closed near its 5-week high on Friday, led by gains in TCS, Tata Motors, Sun Pharma and ONGC.
The index touched its highest intra-day level since Jan. 24 of 21,140.51. The Sensex last closed above 21k was last month, at 21,133.56 on January 24.
Gains supported by consistent foreign fund inflow as overseas investors have been net buyers of cash shares in each of the previous 10 sessions, with inflows totalling around $600 million, exchange and regulatory data show, said a Reuters report.
The 50-share index provisionally closed at 6276.95, up 38 point or 0.61 per cent. It touched a high of 6,282.70 and a low of 6,228.10 in trade today.
The S&P BSE Sensex ended at 21,076.27, up 89 points or 0.43 per cent. It touched a high of 21,140.51 and a low of 20,989.66 in trade today.
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