Equities trade in green; IT, FMCG stocks gain

IANS  |  Mumbai 

Key Indian equity indices on Thursday traded with moderate gains during the mid-afternoon session with healthy buying observed in IT, FMCG and consumer durables stocks.

Index heavyweights like Tata Consultancy Services, IndusInd Bank, Tata Motors, and ITC were the top gainers on the

According to market observers, mixed trend in the global markets, along with caution on the day of derivatives expiry and selling pressure in oil and gas, capital goods and telecom stocks, trimmed gains of the indices.

Around 1.10 p.m., the wider Nifty50 on (NSE) traded higher by 13.05 points or 0.12 per cent at 10,583.60 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 34,532.95 points, traded at 34,573.27 points -- up 72 points or 0.21 per cent from its previous session's close.

The Sensex has so far touched a high of 34,603.27 points and a low of 34,505.62 points during the intra-day trade.

However, the market breadth was bearish with 1,379 declines and 1,044 advances.

On Wednesday, weak global cues, coupled with profit booking, pulled the equity indices lower.

The NSE Nifty50 closed at 10,570.55 points -- down 43.80 points or 0.41 per cent -- while the Sensex closed at 34,501.27 points, down 115.37 points or 0.33 per cent.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 26 2018. 13:26 IST