Online edition of India's National Newspaper
Thursday, Jan 18, 2007
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Online edition of India's National Newspaper Thursday, Jan 18, 2007 ePaper |
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MUMBAI: The stock market seemed to be in a mode of consolidation on Wednesday as it showed narrow movements for the second consecutive day and the benchmark BSE Sensex closed 17 points up to reach a new high of 14131.34. The 30-share benchmark index moved between 14185.12 and 14089.63 on alternate bouts of buying and selling before closing at 14131.34, a net gain of 16.61 points over the previous close. However, the broader S&P CNX Nifty of the National Stock Exchange (NSE) eased by 4.05 points to 4076.45. After Sensex's strong three-day pullback rally of 767.48 points or 5.74 per cent following the release of Infosys' third quarter results, markets began consolidation, brokers said, adding bank stocks witnessed brisk activity. Among Sensex-based shares, ICICI Bank, SBI, RCom, BHEL, Tata Motors, L&T, Dr. Reddy's and RIL showed gains at close. — PTI
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