Sensex ends another dull day, IT stocks gain


Sensex ends another dull day, IT stocks gain
Mumbai: A benchmark index for Indian equities Tuesday closed 30 points lower even as IT stocks gained after Infosys reported a four percent rise in net profit for the last fiscal. In the second straight dull day of trade, the 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened the day lower at 17,831.38 points, closed 30.39 points or 0.17 percent lower at 17,822.61 points against its previous close at 17,853 points. At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty closed at 5,323.65 points, losing 0.3 percent or 16.05 points from its previous close at 5,339.7 points. Broader markets too closed in the red, with the BSE midcap index ending 0.34 percent down and the BSE small cap index closing 0.14 percent lower. The stocks which ended on losing side were Hero Honda (5.05 percent), Reliance Communications (2.75 percent), HDFC (2.73 percent), Sterlite Industries (2.29 percent) and ICICI Bank (2.16 percent). And the stocks which ended on gaining side were Infosys (2.86 percent), Wipro (2.19 percent), TCS (1.95 percent), Reliance Infrastructure (1.02 percent) and BHEL (0.76 percent).
Source: IANS