Sensex trims early gains, still up by 126 pts in late morning
The S&P BSE benchmark Sensex trimmed early gains but was still up by 126 points in late morning trade following sustained buying in Realty, oil&gas, consumer durables, Capital goods, Energy and Industrials sectors amid positive Asian cues.
The S&P BSE benchmark Sensex trimmed
early gains but was still up by 126 points in late morning
trade following sustained buying in Realty, oil&gas, consumer
durables, Capital goods, Energy and Industrials sectors amid
positive Asian cues.
The BSE Mid-Cap index was up 0.87 per cent and the BSE
Small-Cap index was also up 0.97 percent. Both these indices
outperformed the Sensex. The market breadth, indicating the
overall health of the market, was strong.
The Sensex opened higher at 29,201.01 and rose further
to 29,315.18. It was quoting at 29,293.89 at 1100hrs, showing
a rise of 126.21 points, or 0.43 per cent.
The NSE 50-share Nifty also rose 38.55 points or 0.43 per
cent to quote at 9,069 at 1100hrs.
Major gainers were, GAIL 1.91 per cent, Larsen 1.50 per
cent, Tata Motors 1.45 per cent, NTPC 1.40 per cent,
HeroMotoco 1.13 per cent and Reliance 0.91 per cent.
Foreign portfolio investors (FPIs) bought shares worth a
net Rs 356.64 crore yesterday, as per provisional data
released by the stock exchanges.
Domestic institutional investors (DIIs) sold shares worth
a net Rs 779.91 crore, as per provisional data.
Globally, Asian stocks were trading higher as investors
were on the edge ahead of a vote on US health care later today
that could be a barometer for future Trump administration's
policies.
The US stock market bounced back from the previous day
sell-off to close marginally higher yesterday as gains in tech
stocks helped lift indices.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)