Business   

Sensex gains 460 points

MUMBAI: Stock markets consolidated above the psychological 10000-level with the Bombay Stock Exchange benchmark Sensex on Tuesday posting a smart gain of 460 points, aided mainly by market regulator Securities and Exchange Board of India’s (SEBI) warning against foreign institutional investor’s (FII) lending and borrowing of Indian securities in overseas markets.

While the BSE barometer closed at 10683.39, higher by 460.30 points, or 4.50 per cent, its counterpart on the National Stock Exchange advanced by 112.10 points, or 3.59 per cent, to 3234.90.

The Indian rupee ended steady at 49.00/49.01 against the greenback on Tuesday. Despite consolidation in equity markets, the domestic unit moved in a range of between 48.95 and 49.1550 during the day. It had closed at 48.99/49.00 a dollar on Monday. — PTI

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

New Bill provides flexibility in LLPs
SUV variants of Mahindra with fuel efficient technology
Suzuki KB engine plant on stream
India, Japan to ‘work hard’ on CEPA
GE, BHEL join hands
‘GAIL should step up CNG network’
Sub-prime crisis, never mind, go to Hungary to build homes
Gujarat’s consistent record in attracting investment
Jamnagar refinery nearing completion
Wipro ties up with Sun to widen GCC reach
SAIL net profit rises 18 % to Rs. 2,009 crore
Lufthansa sole bidder for Austrian Airlines
RCom lures customers with laptops
Jet Airways, JetLite in codeshare pact
Sensex gains 460 points
Exchange Rates
Bullion Rates
Cosmo Films to expand
iGATE starts Mexican operations
UTI Mastershare declares 22 % dividend
Takes charge as Indian Bank ED
Temasek infuses additional capital in Fullerton
Elected President of Hotel Association
BSNL extends UTStarcom contract

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu