India's BSE snaps 6-day losing streak; telecom, autos gain
MUMBAI Nov 19 (Reuters) - India's benchmark BSE index rose on Monday, rebounding from two-month lows led by gains in telecom stocks such as Bharti Airtel as more brokerages upgraded the stock, while auto stocks such as Maruti Suzuki rose on hopes during the festival season.
Bharti Airtel provisionally rose 3.2 percent, while Maruti Suzuki gained 4.05 percent.
The BSE index provisionally gained 0.27 percent, snapping six previous consecutive sessions of falls that saw the benchmark index retreat a total of 3.1 percent.
However, the 50-share NSE index ended down 0.05 percent. (Reporting by Abhishek Vishnoi; Editng by Rafael Nam)
- Tweet this
- Share this
- Digg this
- South Africa, world mourn 'giant for justice' Nelson Mandela
- Trade deal seen 'very close', India makes WTO sweat
- Study casts doubt on whether extra vitamin D prevents disease
- Delhi's rubble-strewn Connaught Place mirrors Congress' election struggle
- U.S. television, Twitter, alive with new version of 'Sound of Music'
Ministers from nearly 160 member countries of the World Trade Organisation entered a final day of negotiations on Friday with officials sounding optimistic over chances of salvaging a deal that would save the trade body from sliding into irrelevance. Full Article