• Indian benchmark indices retained positive zone in early afternoon trade after Railway Minister Mallikarjun Kharge
kept passenger fares unchanged in the Interim Railway Budget 2014 presented in the Lok Sabha at about 12:00 IST
today, 12 February 2014.
• Gains in Asian stocks and overnight rally in US stocks underpinned sentiment on the domestic bourses.
• IT stocks edged higher, with HCL Technologies hitting record high. Bank stocks rose across the board. Telecom stocks
gained.
• Shares of companies whose fortunes are linked to orders from Indian Railways rose as Rail minister Mallikarjun Kharge
was delivering his speech in the Lok Sabha on the Interim Railway Budget 2014.
• The market breadth, indicating the overall health of the market, was positive. Except BSE Metal index and the BSE
FMCG index, all the other sectoral indices on BSE were in the green.
• At present, Sensex was trading at 20462.66 up by 99 points while Nifty was trading at 6085 up by 23 points at this
afternoon.
kept passenger fares unchanged in the Interim Railway Budget 2014 presented in the Lok Sabha at about 12:00 IST
today, 12 February 2014.
• Gains in Asian stocks and overnight rally in US stocks underpinned sentiment on the domestic bourses.
• IT stocks edged higher, with HCL Technologies hitting record high. Bank stocks rose across the board. Telecom stocks
gained.
• Shares of companies whose fortunes are linked to orders from Indian Railways rose as Rail minister Mallikarjun Kharge
was delivering his speech in the Lok Sabha on the Interim Railway Budget 2014.
• The market breadth, indicating the overall health of the market, was positive. Except BSE Metal index and the BSE
FMCG index, all the other sectoral indices on BSE were in the green.
• At present, Sensex was trading at 20462.66 up by 99 points while Nifty was trading at 6085 up by 23 points at this
afternoon.
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