Sensex Trades Firm
The 30-share index BSE Sensex, which opened with a loss of 43.04 points at 14,681.14, continued to trade in the positive terrain on account of good buying action witnessed in index heavyweights.
Bankex and IT index outpaced other segments. The counters gained marginally 1.47% and 1.13% respectively.
At 11:54 am, the 30-share index Sensex gained 60.09 points at 14,784.27, after touching a high of 14,824.92 and a low of 14,602.12.
Meanwhile the broad based Nifty stood at 4,430.45, up 0.25 points, after hitting a high of 4,447.40 and a low of 4,384.65.
The overall market breadth was positive as it experienced 1,141 stocks advancements as against 1,106 declinations.
The most active counters in the 30-share index were HDFC Bank (3.61%), Housing Development Finance Corporation (3.49%), Satyam Computer Services (2.61%), Tata Consultancy Services (1.93%), Hindustan Unilever (1.78%), and Infosys Technologies (1.69%).
On the other hand, Grasim Industries (3.52%), Hindalco Industries (2.14%), Reliance Industries (1.95%), Tata Motors (1.79%), Sterlite Industries (India) (1.65%), and Ranbaxy Laboratories (1.24%) were the major losers in the Sensex.