Money on the markets
A maturing market amid the mayhem
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 Sensex managed to close 2 percent higher today despite short covering, helped by increased buying by funds and strong Asian markets.