Sensex builds on early gains (Lead)
December 6th, 2010 - 2:31 pm ICT by IANS
Mumbai, Dec 6 (IANS) A benchmark index of Indian equities Monday built on morning gains and was ruling 205 points up in afternoon trade.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 20,038.25 points, was ruling at 20,172.21 points, up 205.28 points or 1.01 percent from its previous close at 19,966.93 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was trading at 6,054.4 points, up 1.03 percent.
Broader markets were also in the green with the BSE midcap index ruling 0.85 percent up and the BSE smallcap index trading 0.46 percent higher.
Metal, consumer durables and energy stocks rallied strongly while banking scrips saw some profit booking.
The market breadth was positive, with 1,793 stocks advancing, compared to 1,002 scrips on the decline, while 70 stocks were unchanged.
Among major gainers of the Sensex were Tata Motors, Hindalco Industries, Jindal Steel and Tata Steel, while prominent losers included Hero Honda, SBI, ICICI Bank and ITC.
Other Asian markets, were mixed as sentiments were dampened by disappointing non-farm payroll data released in the US last week.
Hong Kong’s Hang Seng was trading 0.83 percent higher at 23,513.53 points, while the Shanghai Composite index ruling 0.2 percent up at 2,848.08 points.
The Japanese Nikkei closed flat, down 0.11 percent at 10,167.23 points.
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Tags: afternoon trade, asian markets, benchmark index, bombay stock exchange, consumer durables, energy stocks, hang seng, hero honda, hindalco industries, index trading, jindal steel, market breadth, national stock exchange, payroll data, sbi, scrips, sensitive index, shanghai composite index, tata motors, tata steel