Web Sify
Follow us on

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.

More from Sify:
blog comments powered by Disqus
  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
talking point on sify finance