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Sensex gains TCS up on earnings

SENSEX-GAINS-TCS-UP-ON-EARNINGS:Sensex gains TCS up on earnings

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Reuters
Last Updated : Jan 24 2013 | 2:11 AM IST

 

Reuters Market Eye - The Sensex gains 0.44 percent, while the Nifty adds 0.41 percent. Domestic gains track a rally in Asian stocks after China's second-quarter gross domestic product data came in within forecasts after investors had feared Asia's largest economy would show a much bigger slowdown in growth.

TCS shares gain 2.2 percent, a day after posting better-than-expected numbers quarterly profit for January-March.

HDFC Bank shares were up 1.6 percent ahead of its earnings later in the day.

Provisional exchange data showed that foreign institutional investors were buyers in Indian shares worth 2.69 billion rupees on Thursday and have invested 70.43 billion rupees so far this month.

(manoj.dharra@thomsonreuters.com)

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First Published: Jul 13 2012 | 10:59 AM IST

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