Sensex ends six-day losing run, up 30 pts

Nov 19 2012, 18:09 IST
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SummaryEnding its six-day string of losses, Sensex today advanced by 30 points to close at 18,339.

while France's CAC was marginally up.

Back home, major gainers from the Sensex pack were Maruti Suzuki (3.87 pc), Bharti Airtel (2.89 pc), Bajaj Auto (2.23 pc), M&M (1.60 pc) Hero Motocorp (1.37 pc) and NTPC (1.11 pc).

"Later in the week attention will shift to the Winter Session of Parliament which begins on November 22," said Amar Ambani, Head of Research, IIFL.

However, Tata Power dropped by 2.52 per cent, followed by TCS (1.90 pc), Tata Steel (1.61 pc), HDFC (1.23 pc), L&T (1.22 pc), Gail India (1.18 pc), Dr Reddy's Lab (1.09 pc) and Hindalco (1.01 pc).

Among the sectoral indices, the BSE-Auto firmed up by 1.04 per cent and BSE- MCG by 0.87 per cent. Among losers, BSE-CD dropped by 1.14 per cent, BSE-CG (0.83 pc), BSE-HC (0.75 pc) and BSE-Metal (0.67 pc).

"Expectations of robust monthly sales are building up in auto stocks primarily due to strong pending orders," said Bavishi of Inventure Growth & Securities.

The market breadth, however, continued to remain negative as 1,766 stocks finished with losses while 1,062 scrips closed with gains.

The total market turnover fell further to Rs 1,793.44 crore from last Friday's level of Rs 2,387.83 crore.

Foreign Institutional Investors (FIIs) bought shares worth a net Rs 509.71 crore on last Friday as per provisional data from the stock exchanges.

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