The Sensex continued to trade positive this afternoon on account of heavy buying action witnessed in stocks from sectors like oil & gas, telecom, banking, technology and metal.

The buying impetus assisted the markets to remain in positive zone despite some volatility.

Shares of metal companies were in high demand following a rally in commodities in Asian markets on expectations that commodities may have bottomed out.

Midcap and small cap indices were following the same trend, and gained 0.46% and 1.13% respectively.

The 30-share index, BSE Sensex, today (Feb 04), opened after gaining 76.90 points, at 9,226.20.

At 12:55 p.m., the 30-share index Sensex gained 128.15 points at 9,277.45. It also touched a high of 9,338.21 and a low of 9,226.20.

In the meantime, the broad based Nifty stood at 2,828.40, up 44.50 points, after touching a high of 2,842.20 and a low of 2,780.70.

The overall market breadth was positive as 1,283 stocks registered gains, 888 recorded losses while 101 remained unchanged.

The top gainers in the 30-share index included Jaiprakash Associates (5.66%), Reliance Communications (4.89%), Tata Steel (4.22%), Sterlite Industries (India) (4.09%), DLF (3.09%), and Hindalco Industries (2.90%).

On the other hand, the major losers in the Sensex were Mahindra & Mahindra (0.57%), Ranbaxy Laboratories (0.55%), and Hindustan Unilever (0.06%).