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Sensex fails to maintain initial gains, eases 10 pts

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Press Trust of India Mumbai

The BSE-30 index, Sensex, resumed higher at 19,403.66 points and firmed up further to a high of 19,421.72 on fresh buying mainly in auto, realty, healthcare and banking sectors in view of persistent capital inflows from foreign funds.

However, the 30-share barometer declined afterwards to 19,342.03 before quoting 19,345.11 at 1030 hrs due to selling pressure, showing a net loss of 10.15 points of 0.05 per cent.

The NSE 50-share index Nifty inched up by 1.60 points or 0.03 per cent to 5,889.60 at 1030hrs.

Foreign Institutional Investors (FIIs) bought shares worth a net Rs 952.75 crore yesterday, as per provisional data from the stock exchanges.

 

Asian stocks mostly gained in the early trade after the US Federal Reserve announced new policy targets and an expansion to its asset-buying programme, after the conclusion of a two-day meeting on interest rates in the United States yesterday.

Key benchmark indices in Hong Kong, Japan, Taiwan, Singapore and South Korea rose by 0.03 to 1.9 per cent while stocks in China and Indonesia fell by between 0.46 to 0.68 per cent.

  

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First Published: Dec 13 2012 | 11:25 AM IST

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