Sensex/Nifty (BSE / NSE) Today: India Stock Market Index (Indices)

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Sensex/Nifty (BSE / NSE) Today: India Stock Market Index (Indices)

Sensex rises by 12.72 points
 
Mumbai, Jan 23 (UNI) The 30 scrip Index of the Bombay Stock Exchange (BSE) moved up by 12.72 points at 16,751.73 for the third straight session today amid rangebound trading. ahead of RBI's quarterly review of Monetary policy.

The Nifty of the National Stock Exchange (NSE) fell by 2.35 points to 5,046.25.

Key benchmark indices ended positive after swinging between the gains and losses in a narrow range.

Advancing by 287.54 points in last two sessions, the Sensex opened at 16,667.02 points, down by 71.99 points. Later, it recovered in noon trade. The index gained 44.49 points at the day's high of 16,784 in mid-afternoon trade, while it fell by 79.69 points at the day's low of 16,659.32.

At the end of the day, it finished at 16,751.73, rising by 12.72 points from its last close.

Though FMCG, Realty, Technology and Auto stocks improved but Metal, Oil and Gas, Consumer Durable and PSU erased its previous gains to some extent, which ended negative, brokers said.

The Nifty was down by 23 points to open at 5025.35.

It hit a high of 5,059.55 and a low of 5,021.35 in intraday trade. Finally, it ended negative, down by 2.35 points to 5046.25.

Cellular services major Idea Cellular jumped after reporting strong sequential growth in earnings in Q3 December 2011.

Even, country's largest engineering and construction firm, L&T also gained after good Q3 results.

Sterlite Industries slumped more than 5 per cent on weak Q3 results. Car major Maruti Suzuki India shrugged off weak Q3 results, with the stock surging more than 5 per cent.

Index heavyweight Reliance Industries (RIL) declined by nearly 3 per cent on profit booking.

High volatility is expected this week as traders roll over positions in futures & options (F&O) segment from the near-month January 2012 series to February 2012 series. January 2012 F&O contracts expire on Wednesday.

The turnover was of Rs 2149 crore, lower than Rs 2948.20 crore on Friday.

The market breadth, indicating the overall health of the market, was positive. On BSE, 1,417 shares advanced and 1,366 shares declined. A total of 111 shares were unchanged.

Among the 30-member Sensex pack, 19 gained while the rest declined.