Sensex hits 20-mth high intra-day, ends 22 pts down

Image
Press Trust of India Mumbai
Last Updated : Jan 24 2013 | 2:10 AM IST

Showing signs of a rebound, the Sensex soared by 202 points in first hour of trade today to touch 20-month high of 19,612.18. The index last hit these levels in April-end, 2011.

However, a bout of profit-booking amid exports dipping by 4.17 per cent, hit the sentiment. The index finally closed at 19,387.14, down 22.55 points -- the third straight session of losses after shedding over 77 points in the previous two days.

Among Sensex components, 20 stocks declined led by Reliance Industries, Infosys, Tata Consultancy Services and State Bank of India, Bharti and Bhel.

"Profit-booking was why markets came down after highs. Export data was also weak," Rikesh Vinod Parikh, Vice President

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 11 2012 | 5:15 PM IST

Next Story