Sensex holds on to early gains in range-bound trading
By IANSWednesday, November 3, 2010
MUMBAI - A benchmark index of Indian equities Wednesday was holding on to its morning gains in range-bound trading. Broader markets too were in the green, led by metal and consumer durables.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 20,472.86 points, was ruling at 20,478.61 points, up 132.92 points or 0.65 percent from its previous close at 20,345.69 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was trading at 6,166 points - up 0.77 percent.
Broader markets were also trading in the green. The BSE midcap index was ruling 1.08 percent higher, while the BSE smallcap index moved up 1.18 percent.
Metals, consumer durables and realty stocks led the gainers pack. All the 13 sectoral indices on the BSE were in the positive.
Top Sensex gainers at this time were ACC, TCS, Tata Steel and Hindalco Industries. Among the losers were Reliance Com, Bharti Airtel, Cipla and HDFC Bank.
The market breadth was positive, with 1,907 stocks advancing, 937 declining and 103 remaining unchanged.
Other Asian markets too were trading higher.
The Shanghai Composite index was ruling at 3,058.85 points, up 0.44 percent.
Hong Kong’s Hang Seng was trading 1.82 percent higher at 24,102.17 points. The Japanese markets were closed.
