Mumbai, July 22 (Inditop.com) A key index of the Indian equities markets rallied around Wednesday noon, rising more than 240 points from its last closing figure.
Around 11.50 a.m., the 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened higher at 15,124.92 points, was at 15,295.38 points — 240.93 points or 1.6 percent higher than Tuesday’s closing figure.
The S&P CNX Nifty of the National Stock Exchange (NSE) too was ruling in the green, 1.56 percent up at 4,538.95 points.
Broader market indices were doing a tad better with the BSE midcap index trading 1.48 percent higher and the BSE smallcap index moving up 1.79 percent.
All of the 13 sectoral indices on the BSE were ruling in the positive terrain, with those for realty, banking and consumer durables stocks gaining the most.
The market breadth was positive, with 1,601 stocks rising compared to 709 declining. Eighty-nine remained unchanged.
Among prominent gainers on the Sensex at this time were Sterlite, up 4.93 percent at Rs.625.20; DLF, up 4.85 percent at Rs.360.15; ONGC, up 4.8 percent at Rs.1,095; and ICICI Bank, up 4.11 percent at Rs.803.70.
There were only two losers: Bharti Airtel, down 0.54 percent at Rs.833 and BHEL, down 0.13 percent at Rs.2,212.
In other Asian markets, the Nikkei 225 Stock Average, a key index of the Tokyo Stock Exchange, closed marginally up Wednesday at 9,723.16 points, up 71.14 points.
The Hang Seng, the primary index of the Hong Kong Stock Exchange, was ruling at 19,556.67 points, up 54.94 points.