Sensex crosses 20,000-peak after two years, closes a tad lower

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BSE benchmark Sensex today finally closed at a tad lower 19,986.82. (Reuters) BSE benchmark Sensex today finally closed at a tad lower 19,986.82. (Reuters)
SummaryRate cut hopes and signs of robust earnings from corporates in quarter driving markets.

per cent to 0.10 per cent and Germany eased by 0.02 per cent.

Turning to the local market, Infosys today reacted downwards by 0.62 per cent after two days of sharp gains on good Q3 results while TCS, after gaining over 4.9 per cent in early trade on robust Q3 results announced late yesterday, fell back at the fag-end to close mostly stable.

Overall, 15 scrips out of the Sensex pack ended with gains and 13 closed with losses while two ruled steady.

Other major gainers from the Sensex were ITC (1.98 pc), ICICI Bank (1.53 pc), Tata Power (1.51 pc), Bajaj Auto (1.07 pc) and Tata Motors (0.84 pc).

However, Coal India dropped by 1.54 per cent, followed by Sterlite Ind (1.31 pc) and Jindal Steel (0.74 pc).

The total market breadth turned negative 1,154 stocks ended with losses while 1,126 finished with gains. The total turnover rose to Rs 2,450.40 crore from Rs 2,280.41 crore yesterday.

Foreign institutional investors (FIIs) bought shares worth a net Rs 611.10 crore yesterday as per provisional data from the stock exchanges.

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