December 5, 2012 12:19 PM

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Sensex up by 40 points

The BSE Sensex, trimmed its initial gains, but was still trading up by 40 points in the late morning trade on buying mainly in Metal, Realty, Capital Goods and Banking counters on the back of persistent capital inflows from foreign funds coupled with strong Asian cues.Sensex resumed higher at 19,397.98 and firmed up further to a high of 19,463.25 on strong buying in select counters.Shares of organised retailers rose ahead of voting in Lok Sabha today on a motion moved by the Opposition to disallow FDI in multi-brand retail and on FEMA. The NSE-50 share Nifty also moved up by 8.50 points, or 0.14 per cent, to 5,897.25.

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