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Equities trade in green; healthcare, FMCG stocks up (Lead)

Mumbai, Oct 12 (IANS) Paring the previous day’s losses, key Indian equity indices traded in the green during mid-afternoon trade session on Thursday with healthy buying witnessed in FMCG, metals and healthcare stocks.

Some cautiousness prevailed in the markets ahead of the release of important macro-data as well as quarterly earnings results of corporates later during the day, according to market observers.

The wider Nifty50 of the National Stock Exchange (NSE) traded above the psychologically important 10,000-mark. Around 1.25 p.m., it rose by 33.35 points, or 0.33 per cent, to trade at 10,018.15 points.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,887.47 points, traded at 31,928.53 points — up 94.54 points, or 0.30 per cent, from its previous close.

The Sensex has so far touched a high of 31,985.75 points and a low of 31,813.67 points during intra-day trade.

The BSE market breadth was bullish — 1,511 advances and 1,027 declines.

On Wednesday, the benchmark indices closed in the red as heavy selling pressure in metal, banking and automobile stocks, along with outflow of foreign funds, kept investors’ sentiments subdued.

The Nifty50 closed lower by 32.15 points, or 0.32 per cent, at 9,984.80 points, while the Sensex closed at 31,833.99 points — down 90.42 points, or 0.28 per cent.

–IANS
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Post Source: Ians feed

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