Sensex Maintains Strength

The BSE Sensex, which shed most of its gains during the last trading Sensex Maintains Strengthsession, 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.

All sectoral indices were trading positively led by Metal, which gained 3.51%, Power profited 3.30%, FMCG surged 3.24% and Power (2.91%).

Other indices traded up marginally except Auto index.

The major gainers at the 30-share index include BHEL, Tata Steel, Wipro, ITC, Reliance Comm, Hindalco, Cipla, HDFC Bank, ACC, Grasim, L&T and Satyam.

On the other hand, the biggest losers at the Sensex were Maruti Suzuki India, Tata Motors, Jaiprakash Associates (1.95%) and Bharti Airtel.