Markets extend lead in afternoon trade (Lead)January 1st, 2009 - 4:24 pm ICT by IANS
Mumbai, Jan 1 (IANS) Indian equities markets, which started the first day of the new year in the green, extended their gains in the afternoon. About 90 minutes before the closing bell, a key index was trading 2.1 percent higher than its previous close.The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 9,849.74 points at the time Thursday, a rise of 202.43 points or 2.1 percent from its previous close of 9,647.31 points.
Around the same time, the broader S&P CNX Nifty index of the National Stock Exchange (NSE) was trading 2.15 percent higher at 3,022.80 points.
Other market indices were also trading higher, with BSE’s midcap index gaining 2.27 percent and smallcap index going up 2.92 percent.