Sensex moves in to positive; Hero Honda surges 14 percent
By IANSMonday, December 20, 2010
MUMBAI - A benchmark index of Indian equities moved into positive territory in the afternoon session Monday on strong buying support in auto and technology stocks.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened deep in the red at 19,770.02 points, moved in the positive territory in the afternoon session.
The index was trading 0.32 percent higher at 19,936 points.
Hero Honda surged 14.2 percent to Rs.1,917.50.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty also moved in the positive after opening in the red. The Nifty was trading nearly flat at 5,960 points in the afternoon session.
Most sectoral indices were also ruling in the green with the BSE Auto index trading nearly two percent higher.