BSE Sensex edges up to 14 points

The posted slight gains on Wednesday, as Ltd recovered from a four-session losing streak, while Ltd rose a day ahead of its quarterly earnings.

Still, sentiment remained weak even after the Reserve Bank of India (RBI) lowered its yesterday, as the central bank struck a cautious note on further easing, citing concerns about the high current account and fiscal deficits and inflationary risks. Market participants are now focusing on the government's actions ahead of the budget presentation in late February, while earnings from companies, such as Ltd this week, will determine the short-term direction of the market.

The Sensex rose 0.07 per cent, or 14.10 points, to end at 20,005, closing slightly above the psychologically important 20,000 mark after briefly hitting a two-year high yesterday. The rose 0.1 per cent, or 5.85 points, to end at 6055.75.

image
Business Standard
177 22
Business Standard

BSE Sensex edges up to 14 points

Reuters  |  Mumbai 



The posted slight gains on Wednesday, as Ltd recovered from a four-session losing streak, while Ltd rose a day ahead of its quarterly earnings.

Still, sentiment remained weak even after the Reserve Bank of India (RBI) lowered its yesterday, as the central bank struck a cautious note on further easing, citing concerns about the high current account and fiscal deficits and inflationary risks. Market participants are now focusing on the government's actions ahead of the budget presentation in late February, while earnings from companies, such as Ltd this week, will determine the short-term direction of the market.

The Sensex rose 0.07 per cent, or 14.10 points, to end at 20,005, closing slightly above the psychologically important 20,000 mark after briefly hitting a two-year high yesterday. The rose 0.1 per cent, or 5.85 points, to end at 6055.75.

RECOMMENDED FOR YOU

BSE Sensex edges up to 14 points

The Sensex posted slight gains on Wednesday, as Reliance Industries Ltd recovered from a four-session losing streak, while ICICI Bank Ltd rose a day ahead of its quarterly earnings.

The posted slight gains on Wednesday, as Ltd recovered from a four-session losing streak, while Ltd rose a day ahead of its quarterly earnings.

Still, sentiment remained weak even after the Reserve Bank of India (RBI) lowered its yesterday, as the central bank struck a cautious note on further easing, citing concerns about the high current account and fiscal deficits and inflationary risks. Market participants are now focusing on the government's actions ahead of the budget presentation in late February, while earnings from companies, such as Ltd this week, will determine the short-term direction of the market.

The Sensex rose 0.07 per cent, or 14.10 points, to end at 20,005, closing slightly above the psychologically important 20,000 mark after briefly hitting a two-year high yesterday. The rose 0.1 per cent, or 5.85 points, to end at 6055.75.

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

More News

  • Engaging India beyond Bunder diamond project: Rio Tinto India MD Engaging India beyond Bunder diamond project: S Vijay Iyer
  • Stocks see second weekly fall as Fed rate hikes odds rise

STOCK WATCH

Company Price() Chg(%)
Trident 56.00 12.45
VST Inds. 2296.20 10.12
GRUH Finance 345.20 9.33
J B Chem & Pharm 336.60 7.90
Century Textiles 709.85 5.92
> More on BSE Gainers
Company Price() Chg(%)
Trident 56.45 13.13
Future Lifestyle 137.65 10.92
GRUH Finance 346.05 9.46
VST Inds. 2284.90 9.22
J B Chem & Pharm 336.50 7.71
> More on NSE Gainers
Company Price() Chg(%)
Welspun India 49.70 -8.64
Shilpa Medicare 553.00 -7.82
Piramal Enterp. 1851.10 -5.41
Jaypee Infratec. 9.21 -4.76
Avanti Feeds 534.10 -4.20
> More on BSE Gainers
Company Price() Chg(%)
Welspun India 49.40 -8.60
Shilpa Medicare 551.70 -7.87
IDBI Bank 70.45 -6.38
Jaypee Infratec. 9.10 -5.70
Piramal Enterp. 1847.10 -5.48
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard