Sensex holds on to moderate gains amid volatility (Lead)
May 10th, 2011 - 3:05 pm ICT by IANS
Mumbai, May 10 (IANS) A benchmark index for Indian equities markets, which shrugged off early weakness to rise around noon, continued to hold on to its moderate gains Tuesday amid volatile trade.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,564.95 points, was ruling at 18,654.19 points, up 125.23 points or 0.68 percent from its previous close at 18,528.96 points.
It had risen to an intra-day high of 18,689.37 points, while it fell to a low of 18,485.42 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange was also trading in the green at 5,583.75 points, up 0.57 percent.
Broader markets too nudged up with the BSE midcap index ruling 0.39 percent higher and the BSE smallcap index trading 0.49 percent up.
FMCG and realty stocks rose, while weakness was seen in consumer durable stocks.
The market breadth was tilted towards the positive with 1,410 stocks advancing, 1,133 on the decline and 143 remaining unchanged.
Among gainers on the Sensex were Hindustan Unilever, Sterlite, Reliance Communications and NTPC while the losers included HDFC Bank, Hero Honda, Tata Power and HDFC.
Asian markets were subdued in the wake of the European sovereign debt crisis.
The Nikkei of the Japanese stock exchange closed 0.25 percent higher at 9,818.76 points, while the Hong Kong’s Hang Seng was trading 0.63 percent up at 2,890.63 points.
The Chinese markets were closed on account of a holiday.
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- Indian equities markets muted in early trade - May 10, 2011
- Sensex falls sharply, closes flat (Second Lead) - May 10, 2011
- Sensex subdued in afternoon trade - Jun 06, 2011
- Sensex trading in the green, power, realty stocks lead - Feb 21, 2012
- Sensex gives up early gains, broader markets holding on (Lead) - May 30, 2011
- Rate hike fears weigh Sensex, broader markets lacklustre - Jul 25, 2011
- Sensex slips below 18,000 points - Feb 24, 2012
- Sensex holds on to gains, but slips from 18,000 - Feb 29, 2012
- Sensex up 122 points in noon trade - Feb 17, 2011
- Sensex in red, range-bound (Lead) - Jun 08, 2011
- Sensex in red, realty stocks lose - Apr 28, 2011
- Sensex nose-dives 326 points in afternoon (Lead) - Jan 13, 2011
- Sensex holds on to gains broader indices flat (Lead) - May 24, 2011
- Sensex slips further in noon trade (Lead) - May 25, 2011
Tags: asian markets, benchmark index, bombay stock exchange, chinese markets, debt crisis, fmcg, hang seng, hero honda, hindustan, index trading, japanese stock, market breadth, moderate gains, national stock exchange, ntpc, realty stocks, sensitive index, sovereign debt, sterlite, tata power