Markets hold gains, trade range-bound (Second Lead)January 16th, 2009 - 4:23 pm ICT by IANS
Mumbai, Jan 16 (IANS) The Indian equities markets held on to the gains of Friday’s earlier trading sessions in the afternoon with a key index ruling about 1.84 percent higher than its previous close, about 90 minutes before the day’s close.Trade remained range-bound on the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which was up 1.84 percent or 166.51 points from its previous close and trading at 9,213.25 points mid-afternoon.
The Sensex opened at 9,125.65 points Friday, higher than Thursday’s close of 9,046.74.
Similarly, the broader S&P CNX Nifty index of the National Stock Exchange (NSE) was at 2,802.9 points, 2.42 percent above its previous close.
Other market indices like the BSE midcap index gained 0.16 percent while the smallcap index fell marginally 0.2 percent.