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Sensex ends 17 pts up; Bharti, Sun Pharma shine

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Press Trust of India Mumbai
Last Updated : Jan 24 2013 | 2:10 AM IST

The BSE benchmark index, which had gained 437 points in last three sessions, shuttled between 17,810.90 and 17,728.12 before ending 17.13 points higher at 17,766.78.

Sun Pharma, Bharti Airtel, CIL and Tata Steel were among the 15 winners in 30-share Sensex, gaining in 1.6-2.6 per cent range. Selling was seen in 14 stocks including Jindal Steel, Bhel and SBI. Sterlite Industries remained unchanged today.

"IIP data will be announced on Sep 12 and inflation numbers will be out on 14th. During the same time, the US Fed will conclude its FOMC meeting. This meeting is closely eyed by market participants across the world," said Milan Bavishi Head Research, Bonanza Portfolio.

Brokers said some investors also booked profits at existing levels amid worries over further delay in fiscal reforms that might restrict RBI from lowering interest rates.

A better global trend, however, continued to support the domestic shares. The broad-based NSE index Nifty edged up by 4.75 points to 5,363.45, after touching high of 5,375.45.

"Nifty has shown smart recovery from its 50-EMA level after the ECB

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First Published: Sep 10 2012 | 4:45 PM IST

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