India Markets Tuesday Wrap-Up: Tech Blue-Chips Top Gainers
By Equitymaster: After a brief stint in the negative territory during early trades, the benchmark indices in Indian stock markets managed to move above the dotted line and close comfortably higher today. There was significant buying interest in software, power and auto stocks. While the BSE-Sensex closed higher by around 111 points (up 0.7%), the NSE-Nifty closed higher by around 22 points. The BSE Mid cap and the BSE Small cap ended flat in today's trade. Select stocks in engineering and cement space witnessed heavy profit booking.As regards global markets, Asian indices ended higher today while European indices have also opened weak. The rupee was trading at Rs 52.76 to the dollar at the time of writing.Software major Tata Consultancy Services has announced the fourth quarter results of financial year 2011-2012 (4QFY12). The company has reported a 0.4% quarter-on-quarter (QoQ) growth in its sales and a 1.6% QoQ increase inComplete Story »
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