|
Key stock indices swung to and fro, before the widely tracked Sensex closing in positive territory for the first time since the proposed curbs on participatory notes (P-notes) late last Tuesday rocked a frenzied run up in share prices.
Tracking weak Asian markets, the Sensex opened over 300 points down, before short covering and fresh buying helped the index to close at 17,613.99, up 54.01 points, or 0.31 per cent from Friday. The Nifty ended lower by 31.3 points, or 0.60 per cent at 5,184.
Banking stocks rose, led by ICICI Bank Ltd after it reported better-than-expected second-quarter profit. Bharti Airtel Ltd dropped after rival Reliance Communications was given the go-ahead to expand.
FIIs sold a net of Rs 1,290 crore in the cash markets today, making their net sales in the cash markets during last five trading sessions Rs 6,422 crore.
|
