New Delhi, July 24 : Inflation rate dipped to 11.89-per cent for the week ended July 12. The inflation has softened somewhat with prices of many essential items either declining or remaining static.

The figure for the week ended July 12 is quite in line with the rate of inflation for the week ended July 5, that stood at 11.91 per cent, very marginally higher than the rate of
11.89 per cent reported a fortnight ago.

The 30-share index, BSE Sensex fell further into the pessimistic zone on the back of continued buying activity witnessed in IT, Metal, FMCG and Banking sectors, where Realty, Auto and Oil & Gas climbed up.

It also touched an intraday low of 14,728.02. BSE Midcap fell 0.43%, while Smallcap surged 0.23%.

At 1:05 p.m., Sensex lost 152.99 points at 14,789.29, whereas the broad-based NSE Nifty stood at 4,444.75, down 32.05 points.

The market breadth was negative as it saw 1225 declinations as compared to 1225 advancements.

Seoul - Shares surged 2.2 per cent Thursday on

The BSE Sensex marked its closure on a strong note on Wednesday (July 23), as the political doubt over N-deal came to an end after the UPA government won the trust vote of confidence on Tuesday (July 22).

Heavy buying action was seen in banking, capital goods, realty, and power stocks.

The Sensex closed the day on a firm note at 14,942.28, up 838.08 points. It also touched a high of 14,979.90 and a low of 14,568.22 during the day.

Washington - Salim Hamdan was so close to Osama bin Laden that the terrorist ringleader threw a feast to celebrate the former driver's wedding, an FBI witness who interviewed Hamdan testified in court on Wednesday, according to a report by USA Today.

Bin Laden "definitely trusts him with his life," Ali Soufan told the court in Guantanamo Bay, Cuba, where the first US military tribunal since World War II got underway this week.

The BSE Sensex continued its positive journey as it witnessed heavy buying activity in banking, power and realty stocks.

Moreover, it also touched its one month high during the initial trading session.

At 12:10 p.m., Sensex stood at 14,738.23, up 634.03 points, whereas the broad-based NSE Nifty gained 179.6 points, at 4,421.10.

The market breadth was extremely positive as it experienced 2,044 progressions as against 370 declinations.

All sectoral Indices were trading in positive, led by BSE Bankex, which gained 8.22%, Realty profited 7.60%, and Power surged 6.78%.

Most active counters in the 30-share index were ICICI Bank that rose 10.29%, Reliance Communication gained 10.09%, Reliance Infra surged 9.95%.