News Hour:Sensex ends at 19,500 as BSP supports FDI in retail in RS

The Sensex staged a comeback in the last half an hour of trade after Bahujan Samaj Party chief and Rajya Sabha Mayawati said her party will vote in favour of FDI in multi-brand retail in the Rajya Sabha. The upmove was led by realty, banks and power sectors while technology and pharmaceuticals ended with marginal losses. 
According to analysts, hopes that the UPA government may now be in a position to pass other important bills like FCRA Bill and Banking Laws (Amendment) Bill during the Winter Session, boosted sentiment towards the end of session. 
The 30-share index ended at 19,509.42, up 117.56 points or 0.61 per cent. The index touched a high of 19,523.25 and a low of 19,186.24 in trade today. 
The Nifty closed at 5,938.40, up 37.90 points or 0.64 per cent. It touched a high of 5,942.55 and a low of 5,838.90 in trade today. 
The BSE Midcap Index was up 0.70 per cent and the BSE Smallcap Index moved 0.43 per cent higher. 
Among the sectoral indices, the BSE Realty Index gained 1.68 per cent, the BSE Bankex moved 1.56 per cent higher, the BSE Power Index was up 1.40 per cent and the BSE Auto Index advance 0.99 per cent. The BSE IT Index was down 1.47 per cent and the BSE Healthcare Index was 0.16 per cent lower. 
Sensex gainers included Tata Motors (1.27 per cent), Sterlite Industries (1.20 per cent), Bajaj Auto (1.05 per cent), Reliance Industries (0.20 per cent) and HDFC (0.20 per cent). 
Infosys (2.39 per cent), Bharti Airtel (1.83 per cent), TCS (1.63 per cent), Wipro (1.22 per cent) and HDFC Bank (1.21 per cent) were among the top index losers. 
The market breadth was positive on the BSE with 1,576 gainers against 1,310 losers. 

(source: economictimes.indiatimes.com)