Sensex builds on early gains (Lead)
December 1st, 2010 - 2:19 pm ICT by IANS
Mumbai, Dec 1 (IANS) A benchmark index of Indian equities Wednesday built on its morning gains even as buying activity picked up in broader markets.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,529.99 points, was ruling at 19,726.08 points, up 204.83 points or 1.05 percent from its previous close at 19,521.25 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was trading at 5,921.2 points, up 1 percent.
Broader markets were also in the green, with the BSE midcap index ruling 2.15 percent up and the BSE smallcap index trading 2.6 percent higher
Metal, consumer durables, PSU and realty stocks rallied strongly while telecom stocks saw some profit booking.
The market breadth was positive, with 2,310 stocks advancing, compared to 504 scrips on the decline, while 79 stocks were unchanged.
Other Asian markets were subdued with sovereign debt problems of European countries continued to cast its gloomy shadow. Reports that Portugal’s debt may be downgraded led to a fall in US markets overnight, which put downward pressure on Asian bourses.
Hong Kong’s Hang Seng was trading flat at 23,0154.5 points, while the Shanghai Composite index was ruling 0.15 percent higher at 2,824.29 points.
The Japanese Nikkei closed 0.51 percent up at 9,988.05 points.
- Sensex rises in early trade - Dec 01, 2010
- Sensex closes 328 points up, realty, banking stocks fuel rise (Roundup) - Dec 01, 2010
- Sensex closes 338 points higher (Second Lead) - Dec 01, 2010
- Sensex rises on positive global cues - Mar 09, 2012
- Sensex moves up after weak start - Dec 13, 2010
- Sensex quiet in morning trade - Jan 04, 2012
- Asian cues help Sensex rise 245 points in noon trade - Jan 17, 2012
- Sensex flat in early trade - Jan 19, 2011
- Markets quiet in noon trade, FMCG, IT scrips gain - Mar 23, 2012
- Sensex flat in noon trade, broader markets up - Apr 01, 2011
- Sensex slips into red as IT stocks fall - Jan 12, 2012
- Sensex falls to three-and-half month low - Nov 18, 2011
- Sensex rallies in last hour, closes 160 points higher (Lead) - Feb 09, 2012
- Sensex slips into red amid mixed Asian cues (Lead) - May 17, 2011
- Sensex surges 283 points, technology majors lead - Sep 14, 2011
Tags: asian bourses, asian markets, benchmark index, bombay stock exchange, bse, consumer durables, debt problems, downward pressure, hang seng, index trading, market breadth, national stock exchange, nikkei, realty stocks, scrips, sensitive index, shadow reports, shanghai composite index, sovereign debt, telecom stocks