BSE Sensex edges past 21,000-mark
PTI | Mumbai | Updated: Mar 04 2014, 10:47 IST
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BSE Sensex had lost 173.47 points in the previous session, recovered by 60.18 points (AP)
SummaryBSE Sensex had lost 173.47 points in the previous session, recovered by 60.18 points
Besides, a firming trend in the Asian markets also buoyed the trading sentiment here.
The 30-share index, which had lost 173.47 points in the previous session, recovered by 60.18 points, or 0.28 per cent, to 21,006.83 with stocks of consumer durables, metal, banking and IT sectors leading the rise.
Also, the NSE Nifty rose 16.40 points, or 0.26 per cent, to 6,237.85.
Brokers said a firming trend in Asian markets on bargain-buying after yesterday's sell-off influenced the sentiments here.
Among other Asian markets, Hong Kong's Hang Seng was up by 0.23 per cent while Japan's Nikkei rose 0.32 per cent in early trade today.
The US Dow Jones Industrial Average ended 0.94 per cent down in yesterday's trade.
BSE Sensex edge up; foreign investors net buyers on Monday
(Reuters) BSE Sensex gains 0.12 percent, while the broader NSE index up 0.1 percent, after foreign institutional investors were net buyers on Monday, despite a selloff in emerging markets over military tensions in Ukraine.
Although the NSE Nifty fell 0.88 percent on Monday, data showed overseas investors bought Indian shares worth 1.98 billion rupees ($31.9 million), extending their buying streak to a 12th day for a total of $765 million.
Among stocks of blue chips, ICICI Bank Ltd gains 0.8 percent, while Hindustan Unilever is up 0.6 percent.
Bharat Heavy Electricals Ltd (BHEL) gains 0.6 percent after Life Insurance Corp of India bought a 4.66 percent stake in the company on Monday from the Indian government in a block deal totalling 18.89 billion rupees, exchange data shows.
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