Sensex Gains Further Strength

BSE SensexOn the back of continued buying interest in the heavyweights, the 30-share benchmark index, Sensex is trading higher. All the segments are trading in the positive terrain.

Presently (10:52 am), the Sensex is trading at 17,842.83, up 225.23 points, whereas the broad based NSE Nifty is trading at 5,233.25, up 78.8 points.

BSE Midcap index climbed up 1.60% and Smallcap index gained around 1.57%.

Out of the total 2,193 stocks traded at the BSE, 1,570 progressed, 563 turned down whilst 60 remained unaffected.

Among the sectoral indices, BSE Bankex gained 0.86%, BSE Auto arose 1.45%, BSE Power gathered 1.27%, BSE IT made1.82%, Realty increased more than 1% and BSE Metal zoomed 3.41%.

The major gainers at the Sensex were Hindalco, which surged 4.33% to Rs 184.35, Tata Steel advanced 3.42% to Rs 799.05 and Satyam gained 3.20% to Rs 436.00. HUL, Tata Motors, M&M, Grasim, Ambuja cement, NTPC and Maruti also moved up.

Laggards at the BSE Sensex include ICICI Bank, which declined 1.22% to Rs 1,152.55, HDFC fell 1.08% to Rs 2,722.00 and BHEL declined 0.72% to Rs 2,109.00.