BSE Sensex ends flat, tech stocks gain, ONGC falls
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BSE Sensex ended flat on Monday, and not far off yearly lows, as technology firms shares such as Infosys rose on expectations the 2013/14 budget would provide incentives for exporters, while ONGC fell on worries about a potentially higher oil subsidy burden.
Infosys Ltd provisionally rose 2.8 percent, while Oil and Natural Gas Corp Ltd fell 2.15 percent, ahead of the 2013/14 budget to be presented on Thursday.
The BSE index provisionally ended flat, barely above its lowest close since Dec. 24 hit on Friday.
The 50-share NSE index ended up 0.08 percent.
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- Former civil aviation secy changes mind, seeks airport security exemption as EC
- BCCI suspects Gujarat players in other teams were also approached
- Police on money trail, Sreesanth in fresh trouble
- Chhattisgarh 'encounter' leaves 8 villagers dead, no Maoist link yet