Bombay Stock Exchange equities markets was trading 0.52 % higher in the afternoon session Wednesday led by robust buying in power, IT and metal stocks and firm Asian cues.
The 30-companies Sensex of the BSE, which opened at 16,975.76 points, was trading at 16,994.55 points around 12.30 p.m., up 0.52 % or 87.97 points from its previous close at 16,906.58 points.
The wider 50-companies S&P CNX Nifty of the National Stock Exchange was trading 0.59 % higher at 5,151.10 points.
The BSE power index was up 22.28 points, the IT index was up 61.03 points and the metal index was up 103.03 points.
Major Sensex gainers were Tata Power, up 2.36 % at Rs.97.75; TCS, up 1.65 % at Rs.1,253; Sun Pharma, up 1.61 % at Rs.626.65; Tata Steel, up 1.54 % at Rs.416.70 and HDFC Bank, up 1.53 % at Rs.552.45.
Major Sensex losers were Tata Motors, down 1.18 % at Rs.243.70; Mahindra and Mahindra, down 0.77 % at Rs.688.50; ONGC, down 0.74 % at Rs.275.05; Cipla, down 0.42 at Rs.396.95; Hindustan Unilever, down 0.37 % at Rs.449.40.
In the Asian region, the Japan's Nikkei was up 0.77 %, while Hong Kong's Hang Seng gained 1 %.