Provisional: Markets end higher; FMCG gains
Risk appetite improved after the Reserve Bank on Friday announced that it will sell government bonds worth Rs 22,000 crore every Monday to check volatility in forex market
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Markets ended higher with 50-share Nifty regaining 5,600 levels on back of buying witnessed in defensive sectors such as consumer goods and drug makers.
On a provisional basis, the 30-share Sensex closed 121.22 points higher at 18,910.56 while 50-share Nifty gained 35.30 points to end at 5,600.95.
Risk appetite improved after the Reserve Bank on Friday announced that it will sell government bonds worth Rs 22,000 crore every Monday to check volatility in the forex market.
On a provisional basis, the 30-share Sensex closed 121.22 points higher at 18,910.56 while 50-share Nifty gained 35.30 points to end at 5,600.95.
Risk appetite improved after the Reserve Bank on Friday announced that it will sell government bonds worth Rs 22,000 crore every Monday to check volatility in the forex market.
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First Published: Aug 12 2013 | 3:31 PM IST