BSE Sensex rises 28 pts, ends 2013 on a promising note with 9 pct gain

Comments 0
The BSE Sensex index rose 0.13 percent on the day, marking a 9 gain for the year. AP The BSE Sensex index rose 0.13 percent on the day, marking a 9 gain for the year. AP
SummaryBSE Sensex gains as sustained foreign investor flows offset widespread concerns.

over 54 percent and 47 percent respectively for the year.

On Tuesday, blue chips were the leading gainers, with Reliance Industries Ltd closing up 0.91 percent, Tata Motors Ltd ending 0.4 percent higher and Tata Consultancy Services gaining 0.7 percent.

Shares of India's Apollo Tyres Ltd surged 5.77 percent after a deal to acquire U.S.-based Cooper Tire & Rubber Co fell through late last night. Cement makers recouped some losses as Monday's sell-off over worries about weakening cement prices was seen overdone: ACC Ltd ended up 1.3 percent and Ambuja Cements Ltd rose 0.4 percent.

Shares in supermarket chain Trent Ltd rose 0.4 percent a day after India's foreign investment regulator approved a $110 million investment plan by Britain's Tesco .

FACTORS TO WATCH

* Euro set to be 2013's top-performing major currency

* Brent oil to end 2013 flat as Libya offsets weak demand

* World shares seen gaining more in 2014

* Foreign institutional investor flows

Single Page Format
Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...