Markets continue to trade in green, albeit off the day's highs.
The Sensex opened at 20,501 and climbed higher in morning trades on strong cues from Asian markets. Continued FII investments have also buoyed market sentiments. The BSE benchmark touched a high of 20,707 and is now up 141 points at 20,586.
Nifty is up 43 points at 6,186.
In other news, the Sensex started trading in Europe today. This is the country’s first equity index to be traded there.
BSE auto and consumer durables indices have gained smartly. Both indices are up 1.2% each at 9,881 and 6,512. Bankex, oil & gas and healthcare indices are up around 1% each.
Cement stocks are in the green on good cement dispatch numbets for te month of September. ACC has jumped 1.8% to Rs 1,019.
Metal stocks have gained as prices rose in the London Metal Exchange. Hindalco has gained 1.5% at Rs 207. Tata Steel and Jindal Steel have added 1% each to Rs 674 and Rs 738, respectively.
Mahindra & Mahindra has surged 3.2% to Rs 737. Tata Motors has gained 1.3% at Rs 1,134.
ICICI Bank, Jaiprakash Associates, Wipro and BHEL have added 1-2% each. Some of the other gainers are Reliance Communications, Infosys and ITC. Market heavyweight, Reliance, has moved up over 1% at Rs 1,020.
However, Sterlite has dropped 1.8% to Rs 172.
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