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The Bombay Stock Exchange
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In choppy trade, the Bombay Stock Exchange (BSE) benchmark index Sensex recovered by 85 points on funds buying in bluechips, mainly in Reliance Industries and Infosys, amid a firming trend in the global markets.
The 30-share index settled with a gain of 84.87 points at 17,707.32 points. It moved between 17,809.21 and 17,579.59 during the session. It had fallen by 84.86 points in the precious session.
The broad-based Nifty of the National Stock Exchange rose by 33 points, or 0.62% to 5,368.15, after dipping the day's low of 5,325.20. It had lost 0.48% in the previous session.
Trading remained volatile as profit-booking encased every jump in the benchmark.
Top mobile operator Bharti Airtel plunged 6.58% to Rs354, after the company reported a fall in quarterly profit.
RIL rose by 1.57% to Rs 858.05 on reports that the company is in talks with major domestic airlines to provide jet fuel infrastructure and transport services.
Infosys jumped up by 1.60% to Rs2,768.65 on positive cues from global markets. The two scrips carry nearly 20% weightage on the Sensex.
A firming trend in the Asian region and higher opening in Europe as Greece leaders worked on a bailout package also boosted the sentiment.
The auto sector stocks remained star performer following reports a higher vehicle sales in January month.
Hero MotoCorp rose by 2.22% to Rs1,992.90, Maruti Suzuki by 1.83% to Rs1,267.90 and Ashok Leyland by 4.08% to Rs26.80.
Others on the higher side were Tata Consultancy Services, Wipro, GAIL India, HDFC, State Bank of India, Hindustan Unilever, Larsen and Toubro, Sterlite Industries, Bajaj Auto, Coal India, DLFand Hindalco.
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