BSE Sensex ends higher for second consecutive week, surges 650 pts

Sep 07 2013, 17:24 IST
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Brokers said market sentiment remained bullish after Rajan took over as the RBI chief. Brokers said market sentiment remained bullish after Rajan took over as the RBI chief.
SummaryBrokers say market sentiment has remained bullish after Rajan took over as the RBI chief.

growth in eight infrastructure industries was 3.1 per cent in July, against 4.5 per cent a year earlier. An indicator of manufacturing sector activity in India contracted in August.

The passage of the Pension Bill in the Lok Sabha raised hopes of more reforms, experts said.

21 scrips out of the 30-share Sensex ended higher while 9 others finished lower.

Major gainers were ICICI Bank (19.23 per cent), BHEL (19.20 per cent), ONGC (15.98 per cent), Coal India (10.76 per cent), SBI (7.85 per cent), Tata Steel (6.53 per cent), Tata Motors (6.39 per cent), HDFC (6.13 per cent), Jindal Steel (5.16 per cent), Bharti Airtel (5.02 per cent) and Cipla (4.95 per cent).

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