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BSE Sensex up ahead of retail FDI vote in Lok Sabha

Source : REUTERS
Last Updated: Wed, Dec 05, 2012 05:06 hrs
People walk pass BSE building in Mumbai

The BSE Sensex rises 0.5 percent to 19,442.61 and the NSE index gains 0.38 percent to 5,911.55.

Asian shares rose on Wednesday, led by gains in Chinese equities. However, concerns over whether U.S. lawmakers can resolve a budget impasse before year-end to avert a possible economic slump weighed on sentiment.

Market mood remains positive ahead of the outcome of the crucial vote on foreign direct investment in multi-brand retail in parliament due later in the day.

Leading the gains HDFC Bank rises 1.4 percent and Larsen & Toubro gains 1.1 percent, while Tata Motors is up 1.33 percent.


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