Power, realty counters prop up markets

Power, realty counters prop up markets
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First Published: Wed, Aug 20 2008. 03 59 PM IST
Updated: Wed, Aug 20 2008. 03 59 PM IST
New Delhi: The markets ended firm with the benchmark index settling 0.9% or 134 points higher at 14,678 levels.
Similarly, the wider-based Nifty moved up 47 points to close at 4,416 levels.
Leading the pack of gainers among the BSE-30 scrips were Grasim Industries, Reliance Communications and BHEL. They moved up over 3% by close of trading. Hindalco, Maruti Suzuki, State Bank of India, Sterlite Industries and Tata Steel were some of the other key gainers.
Realty counters witnessed fresh buying interest with Orbit Company firming up 5%. Akruti City, DLF Limited, Mahindra Life, Omaxe Limited, Parsvnath Developers and Phoinix Mills also ended firm.
Strength was also visible in power sector scrips with Torrent Power surging 4.8%. ABB (up 3.4%), BHEL (3.4%), Neyveli Lignite (3%), Reliance Power (2.2%), Reliance Infra (1.6%) and Siemens (1.5%) also logged smart gains.
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First Published: Wed, Aug 20 2008. 03 59 PM IST
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