Sensex trims initial gains, still up 60 points
Zee Media Bureau
The benchmark BSE Sensex erased early gains but still quoted higher by 60 points during the pre-noon session Friday amid profit-booking in key sectors.
The 30-share index opened higher at 22,493.59 points and traded between a high of 22,575.62 and low of 22,437.94.
It last quoted at 22,479 points, showing a gain of 60.79 points, from its last close.
Profit-booking was witnessed in stocks of capital goods, metal, realty and oil & gas sectors.
The NSE 50-share barometer Nifty also traded up by 24.05 points, to 6,720.
Major gainers were Tata Power (1.67 percent), Infosys (1.40 percent), HDFC (0.95 percent), TCS (0.93 percent), HeroMotoCorp (0.75 percent) and Cipla (0.69 percent).
However, M&M (1.57 percent) followed by GAIL (1.30 percent, Hindalco (1.19 percent), Tata Steel (1.09 percent) and Maruti (1.00 percent) incurred profit-booking.
Meanwhile, foreign institutional investors (FIIs) bought shares worth a net Rs 454.48 crore yesterday, as per provisional data from the stock exchanges.
Asian stocks rose as investors weighed corporate earnings and waiting for the release of US non-farm payrolls later today.
Key benchmark indices in Taiwan, Hong Kong, Singapore and Indonesia rose 0.3-0.79 percent while indices in Japan, South Korea and Taiwan were down 0.19-0.34 percent.
With agency inputs