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Sensex in see-saw trade, consumer durables, realty stocks up

Maharashtra,Business/Economy, Tue, 27 Mar 2012 IANS

Mumbai, March 27 (IANS) A benchmark index for Indian equities markets was trading in the green around Tuesday noon amid positive Asian cues and volatility.




The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,209.13 points, was ruling at 17,113.94 points around 12.20 p.m., up 61.16 points or 0.36 percent compared to its previous close at 17,052.78 points.


The Sensex had risen to an intra-day high of 17,230.34 points and a low of 17,061.16 points.



The 50-scrip S&P CNX Nifty of the National Stock Exchange also was trading higher at 5,203.90 points, up 19.65 points or 0.38 percent from its previous close.



Broader markets were quiet with the BSE 500 index trading 0.25 percent up. The BSE midcap index was ruling 0.26 percent lower, while the BSE small cap index was flat.



Consumer durables, realty and FMCG stocks were among the main gainers, while power scrips closed in the red.


The market breadth was negative with 1,047 stocks advancing, 1,499 on the decline and 144 remaining unchanged.



Asian markets were trading higher after US Federal Reserve Chairman Ben Bernanke said that he would maintain an easy monetary policy as the US economy was still fragile.



The Japanese Nikkei index closed 2.36 percent up at 10,255.15 points.



Hong Kong's index was also ruling 1.65 percent up at 21,009.5 points, while the Chinese Shanghai Composite index was trading 0.16 percent up at 2,354.37 points.






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