Mumbai, Oct 8 (Inditop.com) A key Indian equities index was ruling in the green amid volatile trading conditions Thursday. It was up 127 points about an hour before the closing bell.
Around 2.09 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 16,908.02 points, was ruling at 16,933.79 points – 127.13 points or 0.76 percent higher than Wednesday’s close of 16,806.66 points. It had slipped briefly into the red earlier.
Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too was trading in the positive at 5,024.35 points, up 0.77 percent.
Mid-to-small capitalised company scrips were also in favour with buyers, with their representative indices like the BSE midcap index trading 1.13 percent higher and the BSE smallcap index moving up 0.64 percent.
The market breadth was positive, with 1,391 stocks advancing, 1,284 declining and 101 remaining unchanged.
Among the gainers at this time on the Sensex were: Tata Motors, up 7.17 percent at Rs.597.50; Reliance Infra, up 3.81 percent at Rs.1,317.40; ONGC, up 3.7 percent at Rs.1,223.10; and Tata Steel, up 3.25 percent at Rs.533.50.
Among losers were Bharti Airtel, down 4.63 percent at Rs.341.75; Reliance Communications, down 4.06 percent at Rs.251.40; TCS, down 3.25 percent at Rs.573.65; and Sun Pharma, down 2.64 percent at Rs.1,375.
Other Asian markets were in the green.
The Nikkei, a key index of the Tokyo Stock Exchange, closed 32.87 points or 0.34 percent higher at 9,832.47 points.
The primary index of the Hong Kong Stock Exchange, Hang Seng, was ruling 251.31 points or 1.18 percent higher at 21,492.9 points.
The Kospi, benchmark index of the Korean Stock Exchange, was higher as well at 1,615.46 points, up 17.46 points or 1.09 percent.