Mumbai, Oct 14 (Inditop.com) A key Indian equities index managed to maintain its gains Wednesday afternoon and was ruling 1.16 percent higher than Monday’s closing figure.

Around 2 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 17,117.9 points, was ruling at 17,224.34 points – 197.67 points or 1.16 percent higher than Monday’s close of 17,026.67 points.

Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too was trading in the positive at 5,112.3 points, up 1.15 percent.

Mid-to-small capitalised company scrips were also in favour with buyers, with the BSE midcap index trading 1.55 percent higher and the BSE smallcap index moving up 1.35 percent.

Indian equities markets were closed Tuesday due to Maharashtra assembly elections.