Equity indices trade higher on supportive auto, oil, gas stocks

IANS  |  Mumbai 

The key Indian equity indices traded in the positive territory on Friday afternoon supported by heavy buying activity in auto, and IT stocks.

However, weakness in the global markets after US pulled out of the planned talks with North Korean leader Kim Jong-un, limited the gains on the Indian indices.

At 12.06 p.m., the wider Nifty50 of (NSE) traded at 10,566.35 points, up 52.50 points or 0.50 per cent from the previous close of 10,513.85 points.

Similarly, the barometer 30-scrip Sensitive Index (Sensex) of the BSE, which had opened at 34,753.47 points, traded at 34,837.24 points (12.06 p.m.) -- up 174.13 points or 0.50 per cent -- from its previous session's close of 34,663.11 points.

The Sensex has so far touched a high of 34,869.60 and a low of 34,700.52 points. The market breadth was bullish with 1,348 advances and 959 declines so far.

So far, the major gainers on the were Tata Steel, ONGC, IndusInd Bank, and while (SBI), ITC, Coal India, Ports and were the major losers.

On the NSE, the top gainers were Hindalco Industries, GAIL and The major losers were Vedanta, SBI and Bajaj Infratel.

--IANS

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First Published: Fri, May 25 2018. 12:24 IST