Indian indices end near day's high - LuvKush Finserve

Benchmark indices ended near day's high led by buying in index heavyweight Reliance Inds. Firm opening of the European markets has also cheered the sentiments among local investors. The Sensex ended at 19,041 - up 176 points - closing above the 19K mark after two weeks. Nifty ended up 44 points at 5,748.

On the sectoral front, BSE Metal index surged by 2% followed by counters like oil & gas, capital goods, healthcare, PSU, Consumer Durable, Power, Realty, Banks and IT, all gaining by 1% each.

Larsen and Toubro (L&T) traded higher by 2% at Rs 1,422 after the company said it has secured new orders worth of Rs 3,700 crore across various business segments in March 2013.

Wipro jumped 4.3% at Rs 450 after the company said that the scheme of arrangement for demerging its non-IT businesses into a separate unlisted company called Wipro Enterprises is effective from March 31.

Reliance Communications (RCom) has surged 16% to Rs 66.20 after the company said it has sign Rs 1,200 crore agreement with Reliance Jio Infocomm for sharing the company's inter-city optic fiber network.

Source : Equity Bulls

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