After Sensex, Nifty zooms to a 2-year high
   
Quotes

After Sensex, Nifty zooms to a 2-year high

Last Updated: Tuesday, January 22, 2013, 11:21
 
 Comment 0
 
After Sensex, Nifty zooms to a 2-year high
Mumbai: The National Stock Exchange's index Nifty Tuesday breached 6,100 level after two years on the back of steady capital inflows amid strong corporate earnings.

The wide-based Nifty rose by 19 points, or 0.31 percent to trade at 6,101.30 points, a level not seen since January 2011.

However, profit booking emerged at two-year high levels and the sensitive index slipped to trade at 6,098.65 points at 1055 hrs.

Among the NSE-50 stocks, 32 advanced, while 18 declined.

Brokers said steady inflow of capital inflows by foreign funds driven by the government's decision to deregulate diesel prices in a key economic reform measure, and better-than- estimated third quarter earnings by some blue-chip companies, helped Nifty to cross 6,100-level.

Meanwhile, the BSE benchmark Sensex was trading up 36.12 points, or 0.18 percent, at 20.137.94.

PTI


First Published: Tuesday, January 22, 2013, 11:08


Comments


comments powered by Disqus
Mahindra New Thar CRDe
Mahindra New Thar CRDe
New Generation Scorpio
New Generation Scorpio
BRICS SUMMIT Ufa
BRICS SUMMIT Ufa
New Vento 2015
New Vento 2015
Audi all-new SUV Q3
Audi all-new SUV Q3

Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved