Sensex gains 18 points

MUMBAI, July 7: Pivotals moved up further on the Bombay Stock Exchange (BSE) on Tuesday as Sensex gained 18 points due to speculative suppor...

MUMBAI, July 7: Pivotals moved up further on the Bombay Stock Exchange (BSE) on Tuesday as Sensex gained 18 points due to speculative support coupled with limited buying by the financial institutions. After a firm spell, a few scrips, however, declined towards the end on profit-taking.

The BSE Sensitive opened at 3186.85, surpassing the 3200-mark and touched the inter-day high of 3241.90 points. Subsequently, it declined at the end to finish at 3195.94 points with a net gain of 17.63 points against the previous close of 3178.31 points. The BSE-100 index gained 12.13 points to 1407.41 from the previous level of 1395.28.

Brokers say the sentiment was better and several scrips attracted speculative support following the end of political uncertainty in New Delhi. Business activity was quiet in wake of Id-a-Milad holiday as banks, call money and interbank forex market remained closed in Mumbai. Bull operators were buying Tata Tea and software scrips on news that share buy-back would be allowed in the currentParliament session. On the National Stock Exchange (NSE), equities posted moderate gains on selective buying support from the FIIs and domestic funds. Some of the scrips looked up on squaring up positions on the last day of trading for the settlement. The NSE-50 index opened at 917.45, touched a high of 936.00 and closed at 924.70, showing a rise of 7.35 points over the previous close of 917.35. The total turnover was Rs 1,118.70 crore, from 479.17 lakh shares and in 1,68,125 trades.

SP leader Azam Khan walks out of jail after 23 months, hundreds of supporters welcome him

Cities2 hr ago

Senior Samajwadi Party leader Azam Khan, who is facing multiple cases, walked out of the Sitapur jail today after 23 months. He was scheduled to be released early Tuesday morning, but it was delayed due to impending court proceedings. Hundreds of supporters gathered outside the Sitapur jail, waiting for the SP leader to walk out of prison.

View all shorts

Live Blog