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Sensex edges lower; post strong gains in 2012

Source : REUTERS
Last Updated: Mon, Dec 31, 2012 10:44 hrs
BSE Sensex above 19,000, Goldman Upgrades Stocks

Sensex edged lower on Monday due to caution over the "U.S. cliff" talks, but ended 2012 with its best gain in three years as strong foreign inflows and the government's fiscal and economic reforms outweighed worries about the domestic economy.

Tata Motors gained 0.95 percent ahead of monthly sales data due on Tuesday amid expectations of an improved performance, while Oil and Natural Gas Corp ended up 0.7 percent, extending gains on hopes for fuel price hikes.

The BSE index provisionally fell 0.14 percent, while the NSE index was down 0.06 percent.


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