Sensex closes 46 points up

SensexLack of any major news allowed Indian equities market to trade within a narrow range only. Nevertheless it carried on the positive trail to end the day in green.

While the benchmark Bombay Stock Exchange Sensex closed 46.36 points or 0.26 per cent up at 17,955.82, the 50 scrip-based Nifty at the National Stock Exchange ended the day 15.15 points or 0.28 per cent up.

However, the broader indices outperformed the benchmarks, even if it's by a smaller margin, at both BSE and NSE.

Domestic Information Technology giant TCS remained one of the hottest stocks today after the company reported a more than expected 24 per cent year-on-year jump in its consolidated net profit for the first quarter ended on June 30, 2010.

On a stand alone, basis bottom-line of the company surged to Rs.1, 556.41 crore, with a revenue of Rs.6, 410.95 crore. Stocks of the company jumped 6.16% on Friday's trade to Rs.832.40 per share.

Tata Motors and ICICI Bank remained the other major gainers of the day recording an increase of over two per cent.