21 February 2014


On Friday the market edged higher in early trade on firm Asian stocks. The Sensex extended initial gains and hit fresh intraday high in morning trade. The Sensex trimmed gains after hitting fresh intraday high in mid-morning trade.
Firmness continued on the bourses in mid-morning trade. The barometer index, the  Sensex, was up 159.80 points up about 95 points from the day's low and off close to 30 points from the day's high. The overall market, was strong. All the thirteen sectoral indices on BSE were in the green. Gains in Asian stocks and overnight upmove in US stocks boosted sentiment on the domestic bourses. The market sentiment was also boosted by data showing that foreign funds remained net buyers of Indian stocks on Thursday, 20 February 2014.
Bank stocks rose across the board. Realty stocks also gained.

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