Sensex up 153 pts at 1-mth high

Sharp rise in HDFC Bank and ICICI Bank shares ahead of quarterly earnings and hopes of a rate cut by RBI helped the BSE benchmark Sensex jump by 153.37 points to end today at one-month high level of 19,169.83.

Written by PTI | Mumbai | Published: April 23, 2013 12:51:03 am

Sharp rise in HDFC Bank and ICICI Bank shares ahead of quarterly earnings and hopes of a rate cut by RBI helped the BSE benchmark Sensex jump by 153.37 points to end today at one-month high level of 19,169.83.

However,led by Wipro,which fell nearly 8 per cent,IT stocks like Infosys and TCS saw selling on muted growth prospects and concerns over US immigration issues.

The Sensex resumed weak but later bounced back and remained in positive terrain most of the day before closing at 19,169.83.

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