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Bluechips Steer Ascent

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Our Markets Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:58 AM IST

The 30-share BSE Sensex climbed to a four and half month high on Friday on sustained buying interest in bluechip index heavyweight. But power and banking stocks slipped on profit-taking, after the recent rally.

Recording its third straight gain, the Sensex rose 16.84 points to 3,354.14, its best close since January 22. Meanwhile, the broader NSE S&P CNX Nifty edged up 4.90 points higher at 1,056.20. Declines outnumbered advances in brisk trades.

But broad market sentiment was cautious, traders said.

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