Oil stocks help Sensex hold above 20K for first time in 2 yrs

Jan 18 2013, 17:56 IST
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Sensex gained 75.01 points, or 0.38%, to close at 20,039.04, a level last seen on January 6, 2011. (Reuters) Sensex gained 75.01 points, or 0.38%, to close at 20,039.04, a level last seen on January 6, 2011. (Reuters)
SummarySensex gained 75.01 points, or 0.38%, to close at 20,039.04, a level last seen on January 6, 2011.

(0.93 pc).

However, Hero Motocorp dropped by 2.86 per cent, Dr Reddy's Lab (2.60 pc), HUL (2.10 pc), Sterlite Ind (2.03 pc), Jindal Steel (2.03 pc), M&M (1.70 pc), Bharti Airtel (1.50 pc) and HDFC Bank (1.18 pc), according to updated BSE data.

Among the sectoral indices, the BSE-Oil&Gas rose by 3.09 per cent, followed by the BSE-PSU (2.77 pc), the BSE-Power (1.44 pc) and the BSE-Realty (0.86 pc). However, the BSE-IT and the BSE-Teck both fell by 1.13 per cent each.

The total market breadth continued to remain negative as 1,331 stocks finished lower while 971 ended higher. Total turnover firmed up further to Rs 2,590.55 crore from Rs 2,504.48 crore yesterday.

Meanwhile, Foreign institutional investors (FIIs) bought shares worth a net Rs 564.20 crore yesterday, as per provisional data from the stock exchanges.

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