Wednesday, July 20, 2011

Sensex up by 45 points in early trade



MUMBAI: The BSE benchmark Sensex was up by 45 points in early trade on Wednesday on selective buying in realty, FMCG, consumer durable and oil & gas stocks amid higher global cues. 


The 30-share index of the Bombay Stock Exchangeresumed higher at 18,756.31 and hovered in a range between 18,682.81 and 18,765.60 before quoting at 18,698.64 at 1015 hours, showing a net gain of 44.77 points, or 0.24 per cent, from its last close. 

The NSE's 50-share Nifty index also moved up by 12.85 points, or 0.23 per cent, to 5,626.40 at 1015 hours. 

The major gainers in early trade were DLF (up 1.65 per cent), Reliance Com (1.58 per cent), Reliance Infra (1.19 per cent), Maruti (1.12 per cent) and HDFC Bank (0.81 per cent). 

However, Wipro fell by 2.65 per cent, Hindalco by 1.36 per cent, TCS by 0.67 per cent, Cipla by 0.63 per cent and Tata Power by 0.37 per cent. 

Asian markets advanced in early trade with technology stocks among the leading advancers after upbeat earnings reports from the US. The key benchmark indices in Hong Kong, Indonesia, Japan,Singapore, South Korea and Taiwan rose by between 0.1 per cent and 1.29 per cent, while China'sShanghai Composite fell 0.41 per cent.

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