Sensex up 13 pts, Tata Motors, Infosys gain

Source : BUSINESS_STANDARD
By : Reuters
Last Updated: Wed, Dec 26, 2012 03:50 hrs
Sensex falls 1 pct on worries about reforms, growth

The Sensex edged slightly higher on Monday, as Tata Motors extended its recent rally on hopes of improved sales at its key unit Jaguar Land Rover, while short-covering helped technology shares such as Infosys advance.

Volumes were thin, with global shares steady, as the holiday mood set in across markets despite tensions over the US budget dispute.

The thin volumes could exacerbate the volatility expected later this week ahead of the monthly derivatives expiry on Thursday.

The benchmark BSE Sensex rose 0.07 per cent, or 13.09 points, to end at 19,255.09. The broader Nifty rose 0.14 per cent, or 8.05 points, to end at 5,855.75.

The stock market is closed tomorrow for Christmas.

Tata Motors ended 2.52 per cent higher, extending a rally on hopes of improved sales at its key unit Jaguar Land Rover and as the company planned investment into passenger vehicles.




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