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29/05/2012 15:13 AST
The BSE benchmark Sensex rose for the second straight day today but surrendered most of its initial gains on fresh weakness in the rupee to finally close the session just 22 points higher at 16,438.58.
The 30-share Sensex, which gained 199.02 points yesterday, closed higher by 21.74 points, or 0.13 per cent at 16,438.58 - its highest closing since May 9. In the Sensex pack, 18 counters ended in the positive zone, while 12 declined.
The index opened higher at 16,500.44 and soon touched a high of 16,544.38 largely in line with firming trend on the other Asian bourses and a better opening in the European markets. However, a weak rupee hit trading sentiment.
Brokers said the Indian markets pared gains due to fag-end selling by investors who became jittery as the rupee looked set to snap a three-day winning streak after gaining over 80 paise in the last three sessions.
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The Hindu Business Line
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
24/10/2025
Türkiye's central bank slowed its easing cycle with a 100 basis-point cut to 39.5% in its policy interest rate on Thursday, as expected, flagging renewed inflation risks that pointed to a slowdown in
Asharq Al Awsat
24/10/2025
Egypt and the EU have signed a ?4 billion ($4.63 billion) agreement to launch the second phase of the Macro-Financial Assistance and Budget Support Mechanism, aimed at strengthening the country's mac
Arab News
22/10/2025
China's wind power industry is going all in - and fast.
Industry leaders just announced plans to double the number of new wind turbines it installs each year over the next five years, as par
AFP
22/10/2025
The global market for environmental, social and governance sukuk reached a record $6.5 billion in the third quarter, bringing total issuance this year to $13.5 billion, Fitch Ratings said.
Arab News
21/10/2025
President Donald Trump expressed confidence on October 20, 2025, that he would soon secure a "fantastic" trade deal with China despite ongoing tensions over tariffs and rare-earth minerals.
AFP
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