Thursday, October 24, 2013

Sensex regains 21,000 level after nearly three years

MUMBAI: The S&P BSE benchmark Sensex crossed 21,000-mark after a gap of 35 months on hectic buying mainly in realty, auto, banking, consumer durables and refinery sectors on the back of persistent foreign capital inflows.

Shares of PSU banks gained after the ministry of finance after trading hours on Wednesday said that the Government of India (GoI) has approved infusion of a total of Rs 14,000 crore in 20 public sector banks (PSBs) during this fiscal through preferential allotment of equity shares.

Major gainers in banking sectors were State Bank of India (SBI) (1.09%), Punjab National Bank (1.27%), Bank of Baroda (1.67%), Bank of India (0.7%) and Union Bank of India (1.5%).
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