Firm Asian cues lift equity indices; Sensex gains over 200 points (Lead)
According to analysts banking consumer durables and metal stocks witnessed healthy buying activity.
At 1.18 p.m. the wider Nifty50 of the National Stock Exchange (NSE) traded at 10 765.80 points up 55.35 points or 0.52 per cent from the previous close of 10 710.45 points.
Similarly the BSE Sensex which had opened at 35 329.61 points traded at 35 524.02 points (1.20 p.m.) -- up 237.28 points or 0.67 per cent -- from its previous session s close of 35 286.74 points.
The Sensex has so far touched a high of 35 525.99 points and a low of 35 329.51 points. The BSE market breadth was tilted towards the bulls with 1 288 advances against 1 143 declines so far.
The top gainers on the Sensex were Vedanta Reliance Industries Yes Bank Axis Banks and IndusInd Bank whereas Coal India ONGC ITC Larsen and Toubro (L&T) and Wipro were the major losers.
On the NSE Reliance Industries Vedanta and Zee Entertainment were the highest gainers while UPL Coal India and Indian Oil Corp lost the most.
--IANS rrb/mr