Sensex up 100 points on firm Asian cues

August 23rd, 2012 - 3:06 pm ICT by IANS  

Sensex Mumbai, Aug 23 (IANS) A benchmark index of Indian equities markets was trading around 100 points higher in afternoon trade Thursday on firm Asian cues and good buying in IT and metal stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,856.29 points, was ruling at 17,946.58 points, 0.56 percent or 99.72 points down from its previous day’s close at 17,846.86 points.

The Sensex touched a high of 17,972.54 points and a low of 17,856.29 points in intra-day trade.

The wider 50-scrip S&P; CNX Nifty of the National Stock Exchange was ruling 0.51 percent up at 5,440.70 points.

The BSE IT index was up 94.92 points followed by the metal index, up 146.41 points.

The major Sensex gainers were Wipro, up 3.08 percent at Rs.365.10, Tata Steel, up 2.37 percent at Rs.401.90, TCS, up 2.01 percent at Rs.1,318, Jindal Steel, up 1.73 percent at Rs.410.60; and Tata Power, up 1.67 percent at Rs.100.35.

The main Sensex losers were ONGC, down 1.14 percent at Rs.282.90, Larsen and Toubro, down 0.74 percent at Rs.1,446, Mahindra and Mahindra, down 0.61 percent at Rs.779, Tata Motors, down 0.50 percent at Rs.246.65; and Bajaj Auto, down 0.45 percent at Rs.1,717.95.

Among other Asian markets, Japan’s Nikkei was up 0.51 percent while Shanghai’s composite index was trading 0.25 percent higher. Hong Kong’s Hang Seng was up 1.13 percent.

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