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Sensex up marginally; Bank, PSU stocks rise

Mumbai, Nov 22: Indian markets were trading marginally in the green territory in the afternoon trade on Thursday.The BSE Sensex gained 40.86 points (0.22 per cent) at 18,501.24 on sustained buying in PSU, banking, auto,
sensex up marginally bank psu stocks rise - India...
India TV Business Desk November 22, 2012 13:14 IST
Mumbai, Nov 22: Indian markets were trading marginally in the green territory in the afternoon trade on Thursday.



The BSE Sensex gained 40.86 points (0.22 per cent) at 18,501.24 on sustained buying in PSU, banking, auto, realty and capital goods sectors amid hopes of more reform measures by government in the Winter Session of Parliament.

Higher global advices coupled with sustained capital inflows from foreign funds into equity market also boosted the market sentiment.

The NSE Nifty was trading at 5,622.50, up 7.7 points (0.14 per cent).

Among the Sensex pack, SBI, L&T, Infosys, HDFC Bank and Bharti Airtel led the gains. The top five losers were Sun Pharma, Tata Motors, Tata Power, Hindalco and Coal India.

Asian stocks gained in the early trade as a preliminary survey showed China's manufacturing is poised to expand this month.

Key benchmark indices in Hong Kong, Indonesia, Japan, Singapore, Taiwan and South Korea rose in the range of 0.26 to 1.09 per cent, while China's Shanghai Composite fell 0.53 per cent.

Foreign Institutional Investors (FIIs) continued their buying spree by investing net Rs 182.59 crores on Wednesday, as per the provisional data issued by stock exchanges.
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