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Sensex ends flat in special session Cipla leads

Source : BUSINESS_STANDARD
Last Updated: Sat, Sep 08, 2012 18:40 hrs

The benchmark BSE index closed 0.37 per cent higher at 17,749.65 points, advancing two per cent over the week. The 50-share NSE Nifty was 0.31 per cent higher at 5,358.70 points today. The Bombay Stock Exchange tested its disaster recovery software with live trading for a brief period. The National Stock Exchange also decided to open during those hours.

Drugmaker Cipla rose as much as three per cent after the Delhi High Court ruled a patent infringement case in its favour filed by Roche Holding AG over Cipla's cancer drug.

Energy conglomerate Reliance Industries continued its yesterday's gains ending 0.54 per cent up at Rs 796.

With parliament's monsoon session ending without any progress on key legislation, investors are concerned about whether the government can push forward reforms such as foreign direct investment in retail and fuel price hike through executive decisions.

India releases its July industrial output data on September 12 and August headline inflation on September 14 ahead of the central bank's monetary policy review on September 17.




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