Mumbai, July 20 (Inditop.com) Supported by strong cues from other Asian markets, a key index of the Indian equities markets continued to in the green late Monday morning, ruling 209 points up from its last closing figure. IT and technology scrips led the rally.
At 11.20 a.m. the 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened higher at 14,854.17 points, was at 14,954.63 points — 209.71 points or 1.42 percent higher than Friday’s closing figure.
Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE) too was ruling in the green, 1.32 percent up at 4,432.5 points.
Broader market indices were doing a tad better with the BSE midcap index trading 1.67 percent higher and the BSE smallcap index moving up 1.91 percent.
All but one of the 13 sectoral indices on the BSE were ruling in the positive terrain, with those for IT and technology stocks gaining the most. On the other hand, FMCG stocks saw some selling.
The market breadth was positive, with 1,497 stocks rising compared to 641 declining. Seventy-four remained unchanged.
Among prominent gainers on the Sensex at this time were TCS, up 14.09 percent at Rs.494.70; Wipro, up 11.1 percent at Rs.477.05; Infosys, up 4.68 percent at Rs.1,954.30; and Sterlite, up 3.16 percent at Rs.606.20.
Losers included Reliance Infra, down 2.07 percent at Rs.1,126.15; Reliance Communications, down 1.83 percent at Rs.268.15; ITC, down 1.7 percent at Rs.226.10 and Hero Honda, down 0.86 percent at Rs.1,624.
In other Asian markets, the Nikkei 225 Stock Average, a key index of the Tokyo Stock Exchange, closed flat Wednesday at 9,395.32 points, up 51.16 points.
The Hang Seng, the primary index of the Hong Kong Stock Exchange, was ruling at 19,252.64 points, up 446.98 points.
