The BSE Sensex, which shed most of its gains during the last trading session, continued to trade in the positive zone as it saw heavy buying action in stocks including Metal, Power, FMCG and Power gained ground while auto went down.
At 12:55 p.m., the BSE Sensex stood at 14,096.04, up 246.00 points after touching a high of 14,206.13, whereas the broad-based NSE Nifty gained 85.1 points to trade at 4,227.10.
The market breadth was extremely positive as it experienced 1,738 progressions as against 618 declinations.
The BSE Sensex made a late surge during the day (July 21) by profiting more than 200 points at close. The market was trading on a strong note amidst volatility.
Indian equities, expanding the dream rally of Friday, opened positively following firm worldwide cues. But the stock market was not capable of holding its head high in positive zone and shortly slipped into the negative terrain on concern of continuing political havoc in the country.
Tokyo - Stocks opened higher in Tokyo Tuesday as investors bought financial and banking issues amid eased credit concerns.
The Nikkei 225 Stock Average increased 165.31 points, or 1.29 per cent, to 12,969.01.
The broader Topix index of all first-section issues was also up 11.35 points, or 0.91 per cent, to 1,263.78.
On currency markets at 9 am (0000 GMT), the dollar was quoted at 106.50-55 yen, up from Monday's 5 pm quote of 106.38-48 yen in New York. Japanese financial markets were closed Monday for a national holiday.
New York - US stocks edged lower Monday for the first decline in four days, after a key economic gauge declined and oil prices rose.
The private Conference Board's leading economic index dropped 0.1 per cent in June. Crude oil prices gained more than 2 dollars to close above 131 dollars per barrel in New York, after hitting a six- week low last week.
Health company shares dropped after a popular cholesterol drug sold by Merck & Co and Schering-Plough Corp was linked to cancer by new research.
Financial stocks fell despite better-than-expected quarterly results reported by Bank of America.
New York - US stocks edged lower Monday for the first decline in four days, after a key economic gauge declined and oil prices rose.
The private Conference Board's leading economic index dropped 0.1 per cent in June. Crude oil prices gained more than 2 dollars to close above 131 dollars per barrel in New York, after hitting a six- week low last week.
Health company shares dropped after a popular cholesterol drug sold by Merck & Co and Schering-Plough Corp was linked to cancer by new research.
Frankfurt - After a strong start to the year, German economic growth has lost momentum in recent months, the nation's central bank said in its monthly report released Monday.
While the Bundesbank stepped back from predicting a second-quarter growth rate, the Frankfurt-based bank said it expected a slumping building sector as well as weak private consumption and a fall in exports to have undercut the performance of Europe's biggest economy.
session, continued to trade in the positive zone as it saw heavy buying action in stocks including Metal, Power, FMCG and Power gained ground while auto went down.
more than 200 points at close. The market was trading on a strong note amidst volatility.
Tokyo - Stocks opened higher in Tokyo Tuesday as investors bought financial and banking issues amid eased credit concerns.
New York - US stocks edged lower Monday for the first decline in four days, after a key economic gauge declined and oil prices rose.
