Sensex gains nearly 100 points; consumer durables rise

A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), was trading with gains of around 100 points in Monday's mid-afternoon session, as stocks of consumer durables and capital goods surged.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains during the mid-afternoon trade session. It was trading 33.35 points or 0.38 percent up at 8,813.70 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,955.13 points, was trading at 28,977.96 points (at 1.00 p.m.) in the mid-afternoon trade session, up 98.58 points or 0.34 percent from the previous day's close at 28,879.38 points.

The Sensex touched a high of 29,041.62 points and a low of 28,843.94 points in the intra-day trade so far.

Healthy buying was observed in consumer durables, banks, fast moving consumer goods (FMCG) and healthcare, while automobile sector came under intense selling pressure.

The BSE S&P consumer durables index gained 225.80 points, followed by capital goods index which was augmented by 193.04 points, bank index was higher by 74.59 points, FMCG index rose 48.34 points and healthcare index was up 44.54 points.

However, the automobile index was down 129.28 points.