Sensex inches up by 0.89 percent in pre-afternoon trade

After heavy swings last week, a benchmark index of Indian equities markets was trading 0.89 percent up in pre-afternoon trade Monday.

Good buying spree was seen in oil and gas, consumer durables, healthcare and technology, media and entertainment (TECK) scrips, whereas auto stock dipped.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 19,750.67 points, was trading at 19,879.84 points in the pre-afternoon session, up 175.51 points or 0.89 percent from its previous day close at 19704.33 points.

The Sensex touched a high of 19,882.56 points and low of 19678.31 points in the intra-day trade.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) has also shown upward movement and was trading at 0.10 percent or 5.85 points up at 5,989.40 points.

The S&P BSE oil and gas index was up 175.98 points, consumer durables notched up 106.60 points, healthcare inched up by 119.07 points and TECK was up by 40.58 points, while BSE S&P auto index dipped 74.05 points.