MUMBAI, INDIA: The BSE Sensex provisionally closed 0.6 per cent higher on Monday, as investors were optimistic about June-quarter earnings, with financials and software companies leading the gains.
Infosys Technologies, which is announcing the quarterly financial result on Tuesday, rose to an all-time high of Rs 2,911.55 today before closing a Rs 2,894.95, Rs 23.05 (0.80 per cent) higher than the previous day's close. This was boosted mainly by the expectations that Infosys would raise its dollar revenue forecast for the full year when it unveils Q1 results.
Rivals Tata Consultancy Services and Wipro also rose 2.19 per cent and 2.25 per cent respectively. While TCS closed at Rs 791.45, Wipro was at Rs 409.45, when the markets were closed.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,875.97 points, closed at 17,933.17 points (provisional), 99.63 points or 0.56 percent up from its previous close at 17,833.54 points.
It had risen to 18,010.07 points during morning trade on expectation of good quarterly earnings by companies, but slipped after the government announced industrial production grew at a slower pace of 11.5 percent in May, compared to 16.5 percent in the previous month, having been revised downwards from the initial estimate of 17.6 percent.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty ended at 5,379.35 points, up 0.5 percent from its previous close at 5,352.45 points.
Broader markets indices too were quiet, with the BSE midcap index ending 0.2 percent up and the BSE smallcap index 0.6 percent higher.
(With inputs from IANS)