The benchmark Sensex recovered from

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initial losses in late morning session following fresh buying

mainly in telecom, oil&gas, realty, banking and financial

sectors amid higher Asian cues.

The S&P BSE Mid-Cap index rose 0.43 per cent and the S&P

BSE Small-Cap index advanced 0.54 per cent. Both the indices

outperformed the Sensex.

The 30-share Sensex, resumed higher at 32,654.41 and

hovered in a range of 32,659.32 and 32,556.74 before quoting

32,659.58 at 1120 hours, a rise of 25.94 points or 0.08 per

cent.

While, the NSE 50-share Nifty was also trading up by

12.60 points or 0.12 per cent to 10,243.45.

Major gainers were AsianPaint 1.31 pct, BhartiAirtel 1.20

pct, SunPharma 0.96 pct and Bajaj Auto 0.86 pct.

However, Tata Motors fell 0.87 pct followed by M&M

0.69 pct, Infosys 0.61 pct and ONGC 0.47 pct.

Foreign portfolio investors (FPIs) sold shares worth a

net Rs 29.92 crore yesterday, as per provisional data released

by the stock exchanges.

Domestic institutional investors (DIIs) bought shares

worth a net Rs 272.69 crore, as per provisional data.

In overseas markets, Asian stocks edged higher tracking

record closing on the Wall Street overnight.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)