Mumbai, Oct 23 (Inditop.com) A key Indian equity index was on a gradual downward slide after rising more than 217 points in early trade Friday. It was ruling 107 points in the green a little before noon.
At 11.41 a.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 16,795.66 points, was ruling at 16,897.12 points — 107.38 points or 0.64 percent up from Thursday’s close at 16,789.74 points.
Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE) was also trading in the green at 5,020.45 points, up 0.64 percent.
Buying interest saw broader market indices gain, with the BSE midcap index up 1.51 percent and the BSE smallcap index trading 1.52 percent higher.
The market breadth was positive, with 1,702 stocks advancing, 744 declining and 74 remaining unchanged.
Among the gainers this time on the Sensex were Hindalco, up 2.86 percent at Rs.142.15; ITC, up 2.3 percent at Rs.253.25; Tata Power, up 2.17 percent at Rs.1,455, and HDFC, up 2.07 percent at Rs.2,733.
Among the losers were Jaiprakash Associates, down 2.85 percent at Rs.231.40; L&T, down 1.71 percent at Rs.1,581; Grasim, down 1.65 percent at Rs.2,183 and Reliance Industries, down 0.73 percent at Rs.2,117.90.
Majority of other Asian markets were trading in the green.
The Nikkei, a key index of the Tokyo Stock Exchange, closed 0.15 percent higher at 10,282.99 points.
The primary index of the Hong Kong Stock Exchange, Hang Seng, was ruling 1.47 percent up at 22,537.94 points.
At the Shanghai Stock Exchange, the composite index was ruling 1.32 percent up at 3,091.66 points.
The Kospi, benchmark index of the Korean Stock Exchange, was also in the positive at 1,640.17 points, up 0.6 percent.
