Sensex continues to rule firm in late morning trade, up 192 points

Higher Asian advices also boosted the market sentiment.

Mumbai: The S&P BSE Sensex continued to rule firm in the late morning trade, surging by 192 points on persistent buying mainly in Consumer Durable, Capital Goods, Healthcare and Refinery counters on the back of strong foreign capital inflows.

Higher Asian advices also boosted the market sentiment.

The Sensex resumed higher at 28,249.84 and firmed up further to a high of 28,334.06 before quoting at 28,314.23 at 1100hrs, showing a gain of 192.34 points or 0.68 per cent from its last weekend's level.

The CNX 50-share Nifty also moved up by 43 points or 0.51 per cent to 8,556.80 at 1100hrs.

Major gainers were Wipro (6.36 pct), Gail India (4.68 pct), Axis Bank (2.25 pct), Sun Pharma (1.67 pct), BHEL (1.61 pct), Cipla (1.58 pct), Hindalco (1.34 pct) and Reliance Ind (1.27 pct).

Foreign portfolio investors (FPIs) bought shares worth a net Rs 1099.93 crore on last Friday as per provisional data.

In Asian markets, key benchmark indices in Japan, Singapore, South Korea and Taiwan were up while Hong Kong's Hangsang was off 1.14 pct.

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