Sensex up 162 points in noon trade, Asian cues help | business | Hindustan Times
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Sensex up 162 points in noon trade, Asian cues help

business Updated: Sep 27, 2010 14:24 IST
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A benchmark index of the Indian equities rose 162 points in noon trade Monday with a healthy buying interest seen across the board.

Major Asian markets too were trading higher, enthused by news of a surge in US capital goods orders, indicating that the economic recovery in the world's largest economy is gaining strength.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 20,082.26 points, was at 19,207.95 points, up 162.77 points or 0.81 per cent, from its previous close at 20,045.18 points.

At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was ruling at 6,061.15 points, up 0.71 per cent.

Broader markets also saw gains, with the BSE midcap index trading 0.81 percent up and the BSE smallcap index 0.82 per cent higher.

The market breadth was positive with 1,888 scrips advancing, compared to 1,018 stocks declining and 85 remaining unchanged.

Metal, consumer durables and realty stocks saw gains. Selling was seen in some FMCG stocks.

Among top Sensex gainers at this time were Hindalco Industries, Tata Steel and Jaiprakash Associates, while Hindustan Unilever and HDFC Bank.

Other Asian markets were also ruling in the green.

The Japan's Nikkei closed 1.39 percent higher at 9,603.14 points.

Hong Kong's Hang Seng was ruling 1.14 percent up at 22,370.62 points, while the Chinese Shanghai Composite index was trading 1.15 per cent higher.