MUMBAI: Halting three-day falling trend, the Bombay Stock Exchange sensitive index, Sensex, moved up 55 points to 18141 on Thursday against 18086.20 on Wednesday as investors bought heavyweights at lower levels amid better fourth quarter results posted by L&T, easing food inflation and firm European cues.
After taking investor beating, recording steep slide in the last couple of sessions, ONGC gained 1.20 per cent to Rs. 277.30 because of buying at lower levels. Index heavyweight Reliance Industries Ltd (RIL) gained 1.45 per cent to Rs. 914.90 for the same reason.
Food inflation, meanwhile, eased further to 7.47 per cent for the week ended May 7 on the back of slower rate of price hike of pulses, vegetables and wheat.
Rupee rises
The rupee ended higher by another 8 paise to finish at 44.97/98 against the dollar on Thursday on persistent selling of dollars by banks and exporters.
It closed at 45.05/06 on Wednesday.
The rupee resumed higher at 44.97/98 and moved up further to 44.90 before closing at 44.97/98. — PTI
After taking investor beating, recording steep slide in the last couple of sessions, ONGC gained 1.20 per cent to Rs. 277.30 because of buying at lower levels. Index heavyweight Reliance Industries Ltd (RIL) gained 1.45 per cent to Rs. 914.90 for the same reason.
Food inflation, meanwhile, eased further to 7.47 per cent for the week ended May 7 on the back of slower rate of price hike of pulses, vegetables and wheat.
Rupee rises
The rupee ended higher by another 8 paise to finish at 44.97/98 against the dollar on Thursday on persistent selling of dollars by banks and exporters.
It closed at 45.05/06 on Wednesday.
The rupee resumed higher at 44.97/98 and moved up further to 44.90 before closing at 44.97/98. — PTI
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