)
The Sensex has ended (provisional) at 19,616 points up 55 points. The Nifty has ended at 5932 - up 10 points.
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(updated at 1442 hrs)
Markets continued to trade on a firm note in late-noon deals with buying interest seen in IT and auto shares. The Sensex, after touching a high of 19,723 pared some gains and was up 80 points at 19,641. Nifty was up 24 points at 5,946.
Foreign Institutional Investors remained buyers on Tuesday, 12 February 2013 and bought shares worth net Rs 604.16 crore.
IT stocks rose after the National Association of Software and Services on Tuesday, 12 February 2013, projected up to 14% growth in revenue from software exports at between $84 billion to $87 billion for the year ending 31 March 2014 (FY 2014). BSE IT index was up 1.3% at 6,501.
Auto shares rallied on the back of gains in Tata Motors. BSE auto index was up 0.7% at 11,005. Reliance took the BSE oil & gas index higher by 0.5%. However, weakness was noticed in the BSE metal index which was down 1% at 9,941. Power, FMCG and capital goods also declined 0.4-1% each.
Tata Motors jumped 3% at Rs 307 after its British luxury car unit -- Jaguar Land Rover (JLR) -- after trading hours in India on Tuesday, 12 February 2013, said JLR's sales jumped 32% to 34,877 vehicles in January 2013 over January 2012.
National ICT Australia (NICTA) and Infosys today signed a joint research collaboration agreement to modernise aging technology systems for cloud computing. Some of the work will that they will do together will be in areas like optimising infrastructure and disaster management, logistics and smart grids as well as other emerging technologies. Infosys was up 1.2% at Rs 2789.
RIL advanced 0.6% at Rs 881 after saying earlier in the week that it has scheduled a planned maintenance turnaround of one crude distillation unit of its SEZ refinery at Jamnagar complex in Gujarat for a period of approximately 4 weeks starting from 18 February 2013.
