Sensex up 49 points; auto stocks gain

Mumbai, Feb 26 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Thursday was trading 49.19 points or 0.17 percent up in the early session ahead of Railway Minister Suresh Prabhu’s maiden budget for the department.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 11.75 points or 0.13 percent up at 8,779 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,051.90 points, was trading at 29,057.18 points (at 9.17 a.m.) in the early session, up 49.19 points or 0.17 percent from the previous day’s close at 29,007.99 points.

The Sensex has touched a high of 29,069.13 points and a low of 29,035 points in the trade so far.

Good buying was observed in auto and banking sectors, while selling pressure was seen in fast moving consumer goods sectors.

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