A Oneindia Venture
News Personal finance Gold rates Silver rates Mutual funds IPO MSME
Gold Rates
Silver Rates
Platinum Rates
Fuel Price
Holidays
Banking
Lottery
Calculators
Savings Scheme
Get Updates
Get notified about market trends, financial advice, and investment tips!
English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.54 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.64
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.54 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.64
Home News Commentary
Markets close higher as SBI leads recovery
By
Add as a preferred source on Google

Bse
A smart rally in SBI after a proposed preferential allotment nod by the shareholders to the government led to a smart recovery in stocks.

The BSE Sensex closed the day higher by 42 points at 17,316 points. The NSE Nifty closed the day higher at 5,274 points, gaining 17.80 points.

Markets were trading lower in the red for most of the day, however, they recovered later led by a rally in State Bank of India. SBI gained 1% following shareholders nod for the proposed allotment to the government of India. The issue price to the government has been set at Rs 2,191 per share.

Other shares that rallied today included Jaiprakash Associates, BPCL, PNB and Sun Pharma. The losers included Tata Motors, Hindalco and Coal India.

GoodReturns.in

Share This Article
Story first published: Tuesday, March 20, 2012, 15:49 [IST]
See More On: sensex, nifty
Other articles published on Mar 20, 2012

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
Sign Out