The BSE benchmark index, Sensex came back to the positive zone on the back of continued buying interest in heavy weights. Presently, the stock market is trading on a firm note. However many sectors are trading in negative. Banking and Technology Stocks are trading in the negative zone.

For the week ended September 22, India’s wholesale price index based inflation rate reached 3.42% from 3.23% in the previous week. Market estimations for the inflation stood at 3.22% for the said week.

Today, the BSE benchmark opened sturdily at 17,831.68, and soon touched a high of 17,913.36 in the early trades.

Asian stocks today opened positively headed by commodity stocks after the increase in crude oil prices. The breaking dollar attracted capitalists towards gold as an alternative investment option.

In the meantime, technology stocks slumped on worries that lower chip prices will hit their earnings.

The stock market experienced 937 advanced advancements as against 554 declinations.

HDFC, Bajaj Auto, Reliance Comm, BHEL, Grasim, L&T, SBI, Ranbaxy, Reliance Industries and Tata Steel traded positively, whereas Tata Motors, TCS, Ambuja Cement, Reliance Energy, ICICI Bank, Cipla, Infosys, Wipro and HUL turned down.

Shares of Power Grid Corporation of India made a sparkling debut at the bourses today. The scrip opened at Rs 89.80, at the NSE, a premium of 72.69% over its issue price of Rs 52 a share. The scrip touched a high of Rs 99.90 and a low of Rs 83.15. It was last trading at Rs 95.70 at the NSE. (09.59 a.m).