AUG 30 SATURDAY

BANK STOCKS GAIN ON EASING INFLATION

Buying in banking shares and blue chips on a

surprise drop in inflation and gains in Asian peers

helped Indian shares to end higher on Friday.

The economy grew at 7.9 % in April versus 8.8 %

in the previous quarter.

Participants expect the market to track global

exuities and crude oil price movement in the

near term.

They forecast the sensex to trade in a range of

13900 to 15000 next week.

GAINERS OF THE DAY

ICICI Bank rose to 5.8 % to Rs 671.50.

State Bank Of India rose 7.2 % to Rs 1403.6.

HDFC Bank was up 5.1 % to Rs 1277.25.

Reliance Industries rose 3 % to Rs 2136.75.

Bharati Airtel rose 4.2 % to Rs 837.20.

Larsen And Toubro was 3.5 % higher at Rs 2589.85.

Tata Steel rose 5 % to Rs 600.35.