Sensex gains more than 50 points, capital goods stocks up

Mumbai, June 25 (IANS) On the day derivatives for May expired, a benchmark index of the Indian equities markets was trading in the positive zone during the afternoon session on Thursday.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was trading more than 50 points up during the session.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made marginal gains during the afternoon trade session. It rose by only 3.50 points or 0.04 percent at 8,364.35 points.

The Sensex of the S&P BSE, which opened at 27,660.22 points, was trading at 27,779.83 points (at 12.45 p.m.), up 50.16 points or 0.18 percent from the previous day’s close at 27,729.67 points.

The Sensex touched a high of 27,809.46 points and a low of 27,635.76 points in the intra-day trade so far.

During the intra-day trade on Thursday, healthy buying was observed in capital goods, automobile, oil and gas and healthcare sectors.

However, stocks of information technology (IT), consumer durables, fast moving consumer goods (FMCG) and technology, entertainment and media (TECK) came under heavy selling pressure.

The S&P BSE capital goods index augmented by 129.98 points, automobile index rose by 40.62 points, oil and gas index was higher by 33.99 points and healthcare index was up 29.43 points.

However, the S&P BSE IT index receded by 79.08 points, consumer durables index was lower by 61.71 points, FMCG index fell by 39.55 points and TECK index was down by 31.25 points.

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