Cloudy
19°CTue :Rain Early. High: 20 Low: 1

Sensex trims some early gains; up 53 points in late morning deals

Sensex trims some early gains; up 53 points in late morning deals

Mumbai: Surrendering some of its early gains, the BSE benchmark Sensex was trading higher by 53 points at 20,002.17 in late morning deals on the back of buying mainly in FMCG, Healthcare, IT, Realty and Teck sectors coupled with higher Asian cues.

The 30-share index resumed higher at 19,999.51 and firmed up further to 20,059.03 before quoting at 20,002.17 at 1030hrs, showing a gain of 53.44 points of 0.27 percent from its last close.

The NSE 50-share Nifty also moved up by 6.55 points or 0.11 percent to 5,979.85 at 1030hrs.
Major gainer were ONGC (2.29 percent), Hindalco (1.96 percent), HUL (1.96 percent), Infosys (1.76 percent), Cipla (1.54 percent), Wipro (1.54 percent), Jindal Steel (1.54 percent) and Dr Reddy’s (1.13 percent).

Meanwhile, the Reserve Bank yesterday said it has decided to conduct a special 3-day repo at an interest rate of 10.25 percent for a notified amount of Rs 25,000 crore with a view to enabling banks to meet the liquidity requirements of mutual funds.

Asian markets were mostly higher in their early trade after Federal Reserve Chairman Ben Bernanke yesterday said Fed’s asset purchases “are by no means on a preset course” and could even be expanded should economic conditions warrant.

Key benchmark indices in Hong Kong, Japan, Taiwan and Indonesia were up 0.01 percent to 0.56 percent while indices in China, Singapore and South Korea were down by 0.5 percent to 0.78 percent.

Foreign institutional investors (FIIs) sold shares worth a net Rs 26.09 crore yesterday as per provisional data from the stock exchanges.

 

Top Stories

XBPJDYWD

Rupee exchanges barely higher at 62.57 every dollar

March-31-2015
Mumbai: The Indian rupee reinforced insignificantly against the dollar on Tuesday, following increases in the nearby value markets. At 2.09pm, the home
323303-gmail

Gmail for Android can now put your each email in one spot

March-31-2015
Worldwide web index goliath Google has overhauled its Gmail for Android portable application to incorporate another highlight that will be especially helpful
Gujarat-assembly-passes-controversial-anti-terrorism-and-organized-crime-bill

Gujarat assembly passes controversial anti-terror bill GUJCOC

March-31-2015
In the wake of neglecting to get Presidential consent for its hostile to dread bill thrice, Gujarat government has again felt free
ipl-schedule-changed-no-home-matches-for-kkr-between-12th-and-25th-april

IPL Schedule Changed: No home matches for KKR somewhere around twelfth and 25th April

March-31-2015
Leading body of Control for Cricket in India (BCCI) have declared, on Tuesday, that there have been a few adjustments to the
1377084876_sunny

FIR lodged against Sunny Leone

March-31-2015
Indo-Canadian porn star turned Bollywood performing artist Sunny Leone caught in a legitimate bother. FIR has been stopped against the performing artist
IndiaTv54fbc7_aifw-final

AIFW finale: Designers observe Indian legacy

March-30-2015
There was music, move, show and style at the excellent finale of the 25th release of Amazon India Fashion Week with 25