The Sensex at the Bombay Stock Exchange trimmed its initial rally today amid bouts of selling in heavy weight counters like oil and gas, FMCG, realty, banking and PSUs, but was still trading higher by 89 points. However, the market surged over buying mainly in IT, tech and consumer durable sectors on the back of announcement of bullish Infosys third quarter earnings. The 30-share index which rose by 176 points in early trade was quoted at over 19,752 in late morning deals, up by 89 points from its previous close.Similarly, the NSE Nifty was also up by 14 points to trade at 5,983 when reports last came in.
News On AIR | January 11, 2013 12:03 PM
Sensex trims initial rally, but still trading higher by 89 points