Sensex gains 90 points; banking, capital goods stocks rally

A benchmark index of Indian equities markets Tuesday was trading 90.05 points or 0.36 percent up as banking and capital goods stocks surged.

Good buying was observed in capital goods, banking, auto and metal sectors, while marginal selling pressure was seen in IT sector.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,100.90 points, was trading at 25,097.03 points (at 01.14 p.m.) in the afternoon session, up 90.05 points or 0.36 percent from the previous day's close at 25,006.98 points.

The Sensex touched a high of 25,236.66 points and a low of 25,020.32 points in the trade so far.

The S&P BSE bankex gained 245.28 points, capital goods index surged by 171.42 points, oil and gas index moved up by 113.30 points, consumer durabls index increased by 145.11 points and auto index went up by 112.32 points. However, IT index dipped by 21.28 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading 27.90 points or 0.37 percent up at 7,482.05 points.