Mumbai: Indian stocks gained for the sixth consecutive day as oil continued to fall. Recent buying by the foreign funds has improved sentiments in general. The Sensex crossed the so-called psychological level of 19,000 points even as small-cap stocks fell.
Sensex: 19120.8, +0.94%
Nifty: 5736.35, + 0.86%
Nikkei: 9459.08, -0.21%
Topix: 850.2, -0.89%
All sectoral indices increased with the auto index leading the gains followed by technology, media andmetal stocks.
BSE Auto: 9,119.49, +1.53%
BSE TECH: 3,787.86, +1.35%
Stocks of information technology companies fared well thanks to positive economic data in the US, a key market for Indian software exporters.
TCs had another boost. On Tuesday, after market hours, TCS announced that it signed a contract with an Australian firm.
Reliance Infrastructure shares were up after the company announced a buyback of its equity shares for up to Rs 1000 crore. The offer price is Rs 725 a share.
RCom: Rs109.60, + 4.18%
TCS: Rs 1139.25, +1.61%
Reliance Infra: Rs 673.70, +1.75%