Sensex up 68 pts at midsession on easing inflation

The Bombay Stock Exchange 68 points above its previous close at mid-session on Monday as investors cheered easing inflationary pressure on the economy.

The Bombay Stock Exchange (BSE) benchmark Sensex reversed early losses to trade 68 points above its previous close at mid-session on Monday as investors cheered easing inflationary pressure on the economy.

HT Image

The Sensex, which lost nearly 110 points in early trade, was up by 67.91 points at 1230 hours at 20,224.80, with bank, healthcare and IT stocks making handsome gains.

Meanwhile, the broad-based National Stock Exchange (NSE) index Nifty was up by 25.30 points at 6,096.95 at 1230 hours, after touching a low of 6,039.40 in early trade.

The trading sentiment improved following reports that inflation declined to 8.58 per cent in October from 8.62% in October.