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The Indian Stock market gained strength in
afternoon trade with the Sensex rising 199.26 points to 25851.10 and the Nifty
climbing 43.85 points to 7855.85. The broader markets too traded in line with benchmarks;
the BSE Midcap and Smallcap advanced 0.4-0.6 percent. ITC, M&M, Coal India,
NTPC and HDFC Bank are top gainers in the Sensex. Among the losers are Tata
Motors, BHEL, GAIL, Cipla and Tata Steel.
On the back of further gains for index heavyweights ITC, Infosys and L&T, the barometer index, the S&P BSE Sensex, extended gains in mid-afternoon trade. The Sensex was up 181.10 points or 0.71% at 25,832.94. The gains for the Sensex were higher in percentage terms than those for the 50-unit CNX Nifty index. The Nifty was currently up 36.70 points or 0.47% at 7,848.70.
The Intraday Share market breadth was positive as about 1390 shares have advanced against 1070 shares declined on the Bombay Stock Exchange. Globally, Asian markets close lower on renewed China woes. A preliminary reading of China's mammoth manufacturing sector fell to a six-and-half-year low of 47 in September, rekindling worries over the world's second-largest economy.
On the back of further gains for index heavyweights ITC, Infosys and L&T, the barometer index, the S&P BSE Sensex, extended gains in mid-afternoon trade. The Sensex was up 181.10 points or 0.71% at 25,832.94. The gains for the Sensex were higher in percentage terms than those for the 50-unit CNX Nifty index. The Nifty was currently up 36.70 points or 0.47% at 7,848.70.
The Intraday Share market breadth was positive as about 1390 shares have advanced against 1070 shares declined on the Bombay Stock Exchange. Globally, Asian markets close lower on renewed China woes. A preliminary reading of China's mammoth manufacturing sector fell to a six-and-half-year low of 47 in September, rekindling worries over the world's second-largest economy.
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