Sensex at fresh two-year high, Reliance Industries Ltd spurts 2.35%

Jan 21 2013, 18:52 IST
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Sensex today rose to fresh two-year high of 20,101.82 points gaining 63 points. (Reuters) Sensex today rose to fresh two-year high of 20,101.82 points gaining 63 points. (Reuters)
SummarySensex today rose to fresh two-year high of 20,101.82 points gaining 63 points.

Cipla 1.38 per cent, Coal India 0.99 per cent and HDFC Bank 0.58 per cent.

HDFC declined despite good third quarter earnings. The company reported a 27.55 per cent jump in the net profit for the third quarter ended December, 2012.

State-run power producer NTPC also dropped by 1.46 per cent after company today announced nearly 22 per cent jump in the net profit for October-December period.

The total market breadth continued to remain negative as 1,514 stocks finished lower while 1,370 ended higher. Total turnover declined to Rs 2,366.57 crore from the last Friday's level of 2,590.55 crore.

Foreign institutional investors (FIIs) bought shares worth a net Rs 1,165.69 crore on last Friday as per provisional data from the stock exchanges.

Meanwhile, Asian stocks ended mixed with downward bias with key indices in China and Singapore moving up by 0.31 per cent and 0.48 per cent while those in Hong Kong, Japan, South Korea and Taiwan easing up to 1.52 per cent.

European markets were trading narrowly higher as indices in France, Germany and UK inched up by 0.26 per cent to 0.60 per cent.

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