Sensex up 100 points; healthcare stocks rise

A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), made healthy gains during the mid-afternoon trade session on Wednesday. It was trading 110 points or 0.39 percent up as healthcare stocks rose.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains during the mid-afternoon trade session. It was trading 31 points up or 0.37 percent at 8,522 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 27,954.86 points, was trading at 28,067.81 points (1.30 p.m.) in the mid-afternoon trade session, up 110.32 points or 0.39 percent from the previous day's close at 27,957.49 points.

The Sensex touched a high of 28,111.14 points and a low of 27,889.02 points in the intra-day trade so far.

Healthy buying was observed in healthcare, banks, fast moving consumer goods (FMCG), capital goods, automobile and consumer durables sectors.

The S&P BSE healthcare index gained 300.44 points, bank index rose by 233.19 points, FMCG index went up by 92.87 points, capital goods index climbed 71.90 points, automobile index increased by 70.33 points and consumer durables index was up 62.95 points.

However, information technology (IT) index was down 154.12 points, followed by technology, entertainment and media (TECK) index which slipped 49.45 points. Oil and gas index was lower by 33.83 points.