Sensex up 126 points; auto stocks surge
A benchmark index of Indian equities markets Wednesday was trading 126.41 points or 0.48 percent up as auto stocks surged. All the sectors were trading in green and the rally was led by auto, consumer durables, capital goods and banking sectors.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,553.24 points, was trading at 26,569.22 points (at 09.41 a.m.) in the early session, up 126.41 points or 0.48 percent from the previous day's close at 26,442.81 points.
The Sensex has touched a high of 26,599.12 points and a low of 26,549.75 points in the trade so far. The S&P BSE auto index went up by 144.41 points, consume durables index moved up by 119.04 points, capital goods index increased by 112.68 points and bankex inched up by 100.78 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 36.50 points or 0.46 percent up at 7,941.25 points.