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May 15, 2012, 05.14 PM IST

Sensex snaps 5-day losing streak; L&T gains

SENSEX-SNAPS-5-DAY-LOSING-STREAK-LT-GAINS:Sensex snaps 5-day losing streak; L&T gains

Source: Reuters
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15:56
MUMBAI (Reuters) - The BSE Sensex snapped five days of falls to gain on Tuesday as Larsen & Toubro surged after its results, while an improvement in global risk sentiment and the RBI's intervention in currency markets helped provide some stability.


Sensex snaps 5-day losing streak; L&T gains
Larsen & Toubro rose 5.4 percent. Recently battered blue chips also recovered, with Infosys ending up 3.3 percent, while ICICI Bank added 2 percent.


The Sensex rose 0.69 percent to 16,328.25 points, while the 50-share Nifty added 0.71 percent to 4,942.80 points.


(Reporting by Manoj Dharra; Editing by Rafael Nam)


15:00
Nifty gains strength again; Larsen & Toubro up 6%
The BSE Sensex and NSE Nifty gained strength again, rising over 0.8% due to consistent buying interest in L&T and Infosys. ICICI Bank and SBI too played supportive role. Even the Indian rupee appreciated by 25 paise to 53.71 a dollar as against previous close of 53.97 a dollar.

Read More »

14:19
Sensex, Nifty shed some gains; European mkts turn flatRead More »
The BSE Sensex and NSE Nifty erased some gains as European markets shed all initial gains. Index heavyweight Reliance Industries turned negative, falling 0.2% while the buying in banks and metals stocks continued to support.

Read More »

13:16
BSE Sensex gains; L&T, Infosys upRead More »
BSE-SENSEX-LT-INFOSYS-UP:BSE Sensex gains; L&T, Infosys up

Read More »

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