A maturing market amid the mayhem
Sensex rises amid choppy trade
The Sensex seesawed in early trade today but managed to close 0.57 percent higher, tracking gains in Asian and European markets.
Reliance Industries, ICICI, L&T and Tata Steel led the benchmark. Tata Steel was also the top index gainer, closing 7.7 percent higher.
Among sectors, the BSE Realty Index led with gains of 5.4 percent, followed by the Banking Index which was up 2.6 percent. The BSE FMCG index was among the top loser.
The 50-Share Nifty index ended 0.03 percent down at 3342.05.
Data released today showed industrial production fell 1.2 percent in February from a year earlier, while the inflation rate stood at 0.26 percent in the 12 months to March 28.
The key benchmark indices remained flat even as expectations of further measures by the Reserve Bank rose after the government released key economic data today.
Do you think a further easing of the monetary policy will help the Sensex rise and break the 11,000 mark?