Sensex trading up 162 pts, REL up 8%

he 30-share benchmark having opened with a positive gap of about 184 points, has been on its northward journey in the previous trading hour. Positive global cues, strong buying across sectors and sustained buying across mid-cap stocks led to the advances.

BSE Sensex, after touching a high of 19,584.26, is trading at 19,526.03, up 162.84 points, while NSE Nifty is trading at 5842.65, up 79.9 points (12.54 p.m.).


The BSE Midcap rose 2.17% and BSE Smallcap rose 2.50%.

The market breadth is fairly positive. Out of the total 2,739 stocks traded at the BSE, 2,102 advanced, 588 declined, while 49 remained unchanged.

All the sectoral indices were trading in positive. BSE Auto rose 1.68%, BSE IT rose 1.15%, BSE Power rose 2.92%, BSE Realty rose 1.09%, BSE Metal rose 2.35% and BSE Consumer Durables surged 5.15%.

Leaders at the BSE Sensex were Reliance Energy which rose 7.70% to Rs 1,872.00, Wipro added 5.91% to Rs 487.50, and Hindalco gained 3.80% to Rs 192.35. TCS, M&M and Bajaj Auto also advanced.

Laggards at the BSE Sensex include HDFC Bank which lost 1.75% to Rs 1,689.00, Bharti Airtel shed 1.64% to Rs 924.00, ICICI Bank fell 1.24% at Rs 1,170 and HDFC fell 1.03% to Rs 2,755.80.