Mumbai April 12 (IANS) The key Indian equity indices traded marginally higher on Thursday afternoon ahead of the release of key macro-economic data later in the day supported by healthy buying in IT and TECK (technology media and entertainment) stocks.
However selling pressure on metal and oil and gas stocks limited the gains.
Later in the day the government will release the industrial production data for February along with the consumer price index for March.
At 1.24 p.m. the wider Nifty50 of the National Stock Exchange (NSE) traded higher by 35.30 points or 0.34 per cent at 10 452.45 points.
The barometer 30-scrip Sensex of the BSE which opened at 33 987.55 points traded at 34 108.85 points -- up 168.41 points or 0.50 per cent from its previous session s close.
The Sensex has so far touched a high of 34 110.31 points and a low of 33 924.88 during the intra-day trade.
The BSE market breadth was however bearish with 1 321 declines and 1 173 advances.
On Wednesday after tepid trade throughout the session the markets settled on a flat-to-positive note.
The Nifty50 ended the day s trade at 10 417.15 points up 14.90 points or 0.14 per cent from the previous close while the Sensex settled at 33 940.44 points up 60.19 points or 0.18 per cent from its previous session s close.
So far TCS Infosys Tata Motors ICIC Bank and Tata Motors (DVR) have been the top gainers on the BSE. Top losers were Dr. Reddy s Sun Pharma Adani Ports Yes Bank and ITC.
On the NSE Vedanta TCS HCL Technologies and Infosys led the gainers while BPCL Hindustan Petroleum and Dr. Reddy s were among the top losers.
--IANS
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