Wrap-up| Stocks up as crude declines

Wrap-up| Stocks up as crude declines

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 1000 crore. The offer price is 725 a share.

RCom: Rs109.60, + 4.18%

TCS: 1139.25, +1.61%

Reliance Infra: 673.70, +1.75%

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