Sensex up 130 points; bank stocks gain

Mumbai, April 9 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), made healthy gains during the mid-afternoon trade session on Thursday. It surged 130 points or 0.45 percent as banking stocks gained.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains during the mid-afternoon trade session. It was trading 47.30 points or 0.54 percent up at 8,761.70 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,858.42 points, was trading at 28,838.09 points (at 1.35 p.m.) in the mid-afternoon trade session, up 130.34 points or 0.45 percent from the previous day’s close at 28,707.75 points.

The Sensex touched a high of 28,875.08 points and a low of 28,622.44 points in the trade so far.

Healthy buying was observed in banking and metal sectors, while heavy selling pressure was seen in healthcare, capital goods and automobile stocks.

The S&P BSE bank index was up 520.69 points followed by metal index was higher by 91 points. However, the S&P BSE healthcare index was lower by 325.60 points, capital goods index fell by 38.36 points and automobile index was down 14.83 points.

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