Sensex jumps 100 points

Shrugging off poor IIP and inflation numbers, the BSE benchmark index Sensex rose by over 100 points to snap its eight-day losing streak, on value-buying in ONGC, HDFC Bank, Tata Motors and RIL scrips.

The 30-share index gained 100.47 pointsto end the day at 19561.04. The broad-based National Stock Exchange index, Nifty, rose by 24.65 points to close at 5,922.50.

PTI adds:

Rupee recovers

After falling to a three-week low of 54.07, the rupee wiped out losses to end stable at 53.85, snapping a four—day losing trend. —

MCX Stock Exchange

The traded value of shares was Rs. 20.99 crore on the MCX stock exchange on Tuesday. On the equity front a total of 10,526 shares changed hands while stock futures witnessed a volume of 891 contracts. Reliance was the most active share on the equity front registering a volume of 2,951 shares.