Sensex up 71 points in afternoon trade
A benchmark index for Indian equities markets was trading 70.90 points higher in the afternoon session on Wednesday, led by good buying support for consumer durables, bank and information technology (IT) stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 17,370.93 points, was ruling at 17,389.71 points around noon, up 0.41 per cent or 70.90 points from its previous close at 17,318.81 points.
The Sensex touched a high of 17,432.33 points and low of 17,367 points in the intra-day trade. The Sensex midcap was up 28.09 points and the smallcap grew by 46.47 points.
The broad-based 50-scrip S&P CNX Nifty of the National Stock Exchange was trading 0.35 per cent or 18.50 points up at 5,266.65 points.
The consumer durables' sectoral index was up 119.49 points and the banks' index gained 99.72 points, followed by the metals index which increased by 53.28 points and the IT index, which was up 50.87 points.
Prominent Sensex gainers were FMCG major Hindustan Unilever, up 2.73 per cent at Rs.427.70; Jindal Steel, up 1.93 per cent at Rs.512.40; Bharti Airtel, up 1.85 per cent at Rs.316.50; DLF, up 1.71 per cent at Rs.190.10 and TCS, up 1.61 per cent at Rs.1,265.
Major Sensex losers included Tatat Motors, down 2.08 per cent at Rs.310.15; Maruti Suzuki, down 1.51 per cent at Rs.1,349.25; ONGC, down 1.11 per cent at Rs.266.70; and Coal India, down 0.94 per cent at Rs.349.25.
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