Sensex gains nearly 1 pct, rises for fifth session in six

Image
Reuters MUMBAI
Last Updated : Feb 21 2014 | 3:58 PM IST

MUMBAI (Reuters) - The BSE Sensex rose for a fifth time in six sessions on Friday as a recovery in global markets allowed blue chips such as ITC to recover from falls in the previous session, while cement makers such as ACC surged on speculation of price hikes.

The benchmark BSE Sensex closed higher 0.8 percent at 20,700, while the broader Nifty ended up 1.1 percent at 6,155.45.

Asian shares rebounded from falls after a survey showing brisk U.S. manufacturing activity offset concerns about China's economic growth.

(Reporting by Indulal PM; Editing by Subhranshu Sahu)

*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: Feb 21 2014 | 3:49 PM IST

Next Story