Sensex snaps 5-day losing streak; fails to keep early gains

Written by: Pti
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Mumbai, Feb 2 (PTI) The BSE benchmark Sensex snapped its5-day losing streak but failed to maintain initial sharp gainsdue to fag-end profit booking, mainly in power and capitalgoods sectors, and closed about 68 points up at 18,090.62.

Smart rise in heavyweights like RIL, ICICI Bank, TCS,Tata Motors and Bharti Airtel helped the Sensex rise.

As news of former Telecom Minister A Raja''s arrest, alongwith his two former associates in connection with the 2Gspectrum scam, filtered in, the market washed out major partof its early gains.

Initially, the Sensex shot up to a high at 18,306.00, upnearly 284 points, on fresh buying in Realty, Oil

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