Sensex up over 190 points; FMCG stocks rise

The expiry of derivatives' contracts, coupled with the US Fed's decision to keep the interest rates intact, buoyed investor sentiments and propelled a barometer index of Indian equity markets over 190 points during the late-afternoon trade session on Thursday.

The barometer 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE) rose 193 points or 0.70 percent during the late-afternoon session.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in positive territory. It was up 54.35 points or 0.65 percent at 8,429.40 points.

The S&P BSE Sensex which opened at 27,685.82 points, was trading at 27,757.14 points (2.55 p.m.), up 193.71 points or 0.70 percent from the previous day's close at 27,563.43 points.

The Sensex has so far touched a high of 27,854.46 points and a low of 27,649.97 points in the intra-day trade.

Sector-wise, healthy buying was observed in fast moving consumer goods (FMCG), banks, automobile, healthcare and consumer durables stocks.

However, metal, information technology (IT) and capital goods sectors came under intense selling pressure.

The S&P BSE FMCG index zoomed by 205.05 points, the banks index rocketed by 140.95 points, automobile index augmented by 134.17 points, healthcare index was higher by 127.60 points and the consumer durables index was up by 49.25 points.

However, metal index declined by 16.98 points, IT index receded by 12.22 points and capital goods index decreased by 5.47 points.