Sensex up 11 points on fag-end value buying in blue-chips

January 06, 2012 04:59 pm | Updated July 25, 2016 07:19 pm IST - Mumbai

In this file photo a stock broker reacts has he watches share prices in Mumbai. The Sensex ended flat on Friday, up barely 11 points after three days of losses.

In this file photo a stock broker reacts has he watches share prices in Mumbai. The Sensex ended flat on Friday, up barely 11 points after three days of losses.

After highly volatile trade, the Bombay Stock Exchange benchmark Sensex on Friday ended flat, up barely 11 points after three days of losses on late buying in blue-chips such as RIL and HDFC, amid firm cues from Europe.

The BSE’s 30-scrip Sensex, which moved between 16,001.31 and 15,664.91 during the session, closed 10.65 points, or 0.07 per cent up at 15,867.73, with the index heavyweight Reliance Industries gaining 2.52 per cent.

Similarly, HDFC gained 2.25 per cent and ICICI — 0.55 pc.

However, State Bank of India fell 0.92 per cent, Jayprakash Associate by 4.58 per cent and Hero MotoCorp by 5.12 per cent.

The NSE 50-scrip Nifty gained 4.15 points, or 0.09 per cent to 4,754.10, after moving 4,794.90 and 4,686.85.

Initially, the market extended losses as investors remain cautious ahead of the third quarter corporate results season starting next week against the backdrop of slowing growth and high interest rates.

Higher openings in Europe, however, prompted buying in heavyweights in the last 30-minute trade.

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