Market Watch

Thursday 21 August 2014

Stock Tips & Afternoon Highlights: Indian shares Edge Higher


Indian shares edged higher on Thursday for a seventh session of gains in the past eight, as continued buying by foreign investors bolstered blue-chips such as State Bank of India.
The benchmark BSE index provisionally closed 0.17 percent higher at 26,360.11 points, while the broader NSE index ended up 0.2 percent at 7,891.10.
The S&P BSE Sensex pared some of its morning gains after rallying as much as 150 points in trade, led by gains in SBI, L&T, ICICI BankBSE 0.12 %, Tata SteelBSE -1.62 % and RIL.
The BSE Sensex was trading 0.19 per cent higher or 50.03 points at 26,364.32. It hit a low of 26,262.52 and a high of 26,464.80 in trade today.
The 50-share Nifty index was also trading in a narrow range, but below its crucial psychological level of 7900, weighed down by losses in metal, IT, pharma and realty stocks.

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