BSE Sensex closes lower, Infosys Ltd, ICICI Bank share prices a drag

Dec 30 2013, 17:47 IST
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BSE Sensex, which had gained 160.87 points in previous two sessions, fell by 50.57 points, or 0.24 per cent. (AP) BSE Sensex, which had gained 160.87 points in previous two sessions, fell by 50.57 points, or 0.24 per cent. (AP)
SummaryBSE Sensex slips as year draws to close with Infosys Ltd and ICICI Bank share prices pulling index down to 21,143.

ending 1.29 percent lower.

Among gainers, India's wagon and railroad infrastructure builders rose after Business Standard newspaper reported the government could allow foreign direct investment in the country's railway sector, citing an unnamed senior government official.

Kalindee Rail Nirman Engineers Ltd jumped 19.94 percent, Titagarh Wagons Ltd closed 9.98 percent higher, Texmaco Rail & Engineering Ltd rose 12.5 higher and Hind Rectifiers Ltd ended up 12.23 percent.

Trent Ltd rose 1.99 percent on anticipations ahead of government approval on Tesco Plc's proposal to invest $110 million to set up supermarkets in the country.

Sesa Sterlite Ltd ended 0.72 percent higher after the miner said a committee appointed by the country's top court had allowed it to resume mining activities in the southern Indian state of Karnataka.

FACTORS TO WATCH

* Yen falls against on stimulus expectations

* Brent steadies on unrest in South Sudan, Libya

* World Shares ending bumper year

* Foreign institutional investor flows

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