STOCK MARKET CLOSING REPORT

Market scales 28 week closing high

Key benchmark indices gained for the second straight day to scale highest closing level in 28 weeks as latest government data showed that inflation in January eased to a 26-month low. Sustained buying demand from foreign funds also supported gains. The BSE Sensex was up 75.73 points or 0.43%, off close to 40 points from day's high and up close 105 points from the day's low. The market breadth was positive. Index heavyweight Reliance Industries (RIL) was marginally lower. Truck major Tata Motors spurted to scale a 52-week high after reporting stellar Q3 earnings during trading hours today, 14 February 2012.

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