Sensex up 89 pts, Nifty crosses 8,400-mark in morning trade

The benchmark BSE extended its gains and was up by 89 points in late morning trade led by sustained buying in healthcare, FMCG, and teck sectors.
The broader markets advanced too with the BSE mid-cap and small-cap indices rising by 0.11 to 0.24 percent.
The 50-share Nifty rose by 19.44 points 0.23 per cent to 8,401.10 at 1100 hrs.
Due to volatility, mild selling were seen in auto, banking and capital goods stocks.
The BSE Sensex resumed higher at 27,852.22 and moved in a range of 27,920.60 and 27,784.44 before quoting at 27,893.80 at 1100 hrs, a rise of 89.43 points or 0.32 per cent.

Major gainers were, HUL by 2.14 per cent, BHEL 1.84 per cent, Lupin 1.49 per cent, Sun Pharma 1.34 per cent, ITC 1.03 per cent, Vedanta 1.03 per cent and Coal India 0.98 per cent.

However, M&M eased by 0.87 per cent followed by Tata Steel 0.83 per cent, Hindalco 0.78 per cent and SBI 0.54 per cent.
Meanwhile, Foreign portfolio investors sold shares worth Rs 374.97 crore during yesterday's trading session, as per provisional data.
Overseas, Asian markets edged higher early today, as optimism around Greece's debt talks continues to buoy sentiment. Key indices in China, Japan, Hong Kong, Singapore, South Korea and Indonesia were up 0.03 to 0.91 per cent. Taiwan index was down 0.08 per cent.

In New York market, US stocks ended with slight gains yesterday.