Home ECONOMY Sensex surges 144 points; banking stocks gain

Sensex surges 144 points; banking stocks gain

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Mumbai, Nov 12 :

A benchmark index of Indian equities markets Wednesday was trading 144.27 points or 0.52 percent up in the early session as the banking sector gained.

Mumbai-Stock-ExchangeGood buying was observed in banking, auto and IT sectors, while marginal selling pressure was seen in metal sector.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,958.64 points, was trading at 28,054.33 points (at 09.30 a.m.) in the early session, up 144.27 points or 0.52 percent from the previous day’s close at 27,910.06 points.

The Sensex touched a high of 28,056.90 points and a low of 27,958.64 points in the trade so far.

The S&P bankex gained 136.59 points, auto index went up by 133.44 points and IT index moved up by 56.21 points. However, metal index dropped by 3.20 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading at 34.05 points or 0.41 percent up at 8,396.70 points.

(IANS)