Sensex up 1.03 percent in afternoon trade
March 25th, 2011 - 2:43 pm ICT by IANS
Mumbai, March 25 (IANS) A benchmark index of Indian equities markets Friday in afternoon trade was up 1.03 percent, continuing to hold on to its early gains amid positive cues from other major Asian bourses.
The benchmark indices, however, were trading in a tight range.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,480.69 points, was ruling at 18,539.87 points, up 189.13 points or 1.03 percent from its previous close at 18,350.74 points.
At the National Stock Exchange (NSE), the broader 50-share S&P; CNX Nifty was trading 0.98 percent higher at 5,576.45 points.
Broader markets were also in the positive. The BSE midcap index was trading 0.75 percent up, while the BSE smallcap was up 0.84 percent.
Most of the sectors saw buying support. All 13 sectoral indices on the BSE were in the green.
Among major gainers on the Sensex, at this time of the day, were Infosys, Wipro, L&T; and DLF, while the losers included Tata Steel, Cipla and Hindustan Unilever.
The market breadth was positive with 1,609 stocks advancing, 1,114 scrips on the decline and 129 remaining unchanged.
Most Asian markets were in the green tracking overnight gains at Wall Street. Stocks in the US had risen following release of positive employment data and higher corporate earnings.
The Japanese Nikkei average closed 1.07 percent higher at 9,536.13 points.
Hong Kong’s Hang Seng advanced 0.8 percent to trade at 23,098.82 points, while China’s Shanghai Composite ended 1.02 percent higher at 2,976.62 points.
- Sensex surges to close 464 points up (Lead) - Mar 25, 2011
- Sensex soars 465 points, IT stocks help with late surge (Roundup) - Mar 25, 2011
- Sensex starts week on strong footing - Feb 06, 2012
- Sensex rises in afternoon trade, capital goods scrips lead - Mar 21, 2012
- Sensex closes dull, IT, metal stocks lose (Second Lead) - Jan 18, 2012
- Sensex rises 150 points; oil and gas, banking stocks rally - Apr 03, 2012
- Sensex rangebound; Tata Power, Reliance Infra up - Mar 04, 2011
- Sensex rises in morning session - May 13, 2011
- Sensex on a two-week high on higher advance tax payout hopes (Roundup) - Mar 13, 2012
- Sensex turns volatile; realty, oil, gas stocks fall - Mar 22, 2012
- Sensex pares early losses (Lead) - Feb 09, 2011
- Sensex rebounds 101 points; banking stocks climb - Dec 30, 2011
- Sensex back in green after shedding 104 points in early trade - Sep 08, 2010
- Sensex closes 74 points higher (Lead) - Apr 02, 2012
- Sensex reverses early losses, broader markets up too (Lead) - Apr 13, 2011
Tags: afternoon trade, asian bourses, benchmark index, bombay stock exchange, cipla, corporate earnings, employment data, infosys wipro, market breadth, midcap index, national stock exchange, nikkei average, scrips, sectoral indices, sensex, sensitive index, shanghai composite, tata steel, tight range, wall street stocks