Sensex ends with a gain of six points

January 19th, 2009 - 8:40 pm ICT by ANI  

Mumbai, Jan 19 (ANI): The Bombay Stock Exchange Sensex ended WITH a fair gain of six points. The investors expressed disappointment over slow third-quarter earnings in the blue-chip firms.

The Sensex moved in a restricted range of 9,409.51 and 9.273.47, with a mini gain of 5.98 points.

The 50-share National Stock Exchange index Nifty also gained 17.75 points at 2,846.20. It moved between 2,868.20 and 2,819.90 points during the day.

Major market players encashed on every single rise in the market keeping the barometer limited to a tight range.

The price of stocks of banks, IT firms and auto companies, however fell.

Software export companies also faced the brunt as the value of rupee against US increased by 0.5 per cent to Rs. 48.55 per dollar, reducing the value of their exports.

Major industry players were concerned as there are possibilities are fears of a fall in quarterly earnings in the blue-chip firms.(ANI)

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