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A late rally by banking and energy stocks Friday helped a benchmark index close above the 17,000-mark, up 1.47 percent, after languishing in the negative terrain for most part of the day.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) -- which opened at 16,772.75 points against Thursday's close at 16,785.65 points -- shut shop at 17,032.25 points (provisional), closing 246.6 points or 1.47 percent higher.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5,059.95 points, against the previous close at 4,989 points, a gain of 1.42 percent.
Broader market indices also ended in the green with the BSE midcap index up 1.22 percent and the BSE smallcap index closing 0.41 percent higher.
Last updated on Nov 20th, 2009 at 16:02 pm IST--IANS
Railway Minister Mamata Banerjee Sunday laid the foundation for a Rs.860-crore rail coach factory at Kanchrapara which is expected to supply 500 EMU and Metro coaches annually over a period of ten years.
Thiruvananthapuram/Bangalore/New Delhi, March 21 (IANS) Twenty-seven passengers had a close shave Sunday when an explosive, a cocktail of sulphur, potassium chlorate and aluminum powder, was found in the cargo section of a Kingfisher flight after it landed in Thiruvananthapuram from Bangalore.
India's leading telecom operator Bharti Airtel Sunday announced it has tied up the whole financing requirement of $8.3 billion (Rs.37,350 crore) debt for its planned acquisition of Kuwait-based Zain Telecom's African unit.
British Airways cabin crew continued their strikes Sunday, with the airline saying flight schedules were less disrupted than originally feared.
The full Planning Commission, led by Prime Minister Manmohan Singh, will meet Tuesday to review the state of the economy and also consider the approval of the mid-term appraisal of the 11th Plan (2007-12), an official said Sunday.
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