Sensex pares early losses, rises 213 points (Lead)

January 14th, 2011 - 3:31 pm ICT by IANS  

Sensex Mumbai, Jan 14 (IANS) A benchmark index of Indian equities market Friday moved up from a weak start and was ruling 213 points higher in afternoon trade.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,198.04 points, was ruling at 19,396.16 points — up 213.34 points or 1.11 percent from its previous close at 19,182.82 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange too was in the negative, trading 62.4 points or 1.08 percent higher at 5,814.3 points.

Even broader markets were in the green, with the BSE midcap index ruling 0.56 percent up and the BSE smallcap index trading 0.78 percent higher.

FMCG, IT and healthcare stocks were among the top gaining sectors. Some auto scrips, however, were in the red.

The market breadth was positive, with 1,610 stocks advancing compared to 1,139 scrips on the decline, while 102 stocks remained unchanged.

Among gainers on the Sensex were Jindal Steel, Hindustan Unilever, Wipro and Tata Power, while the losers included Tata Motors and Martui Suzuki.

Asian stock markets closed mixed.

The Chinese Shanghai Composite index shed 1.29 percent at 2,791.34 points, while Hong Kong’s Hang Seng was ruling 0.23 percent higher at 24,294.72 points.

The Japanese Nikkei closed 0.86 percent down at 10,499.04 points.

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