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Sensex trim gains, trading up by 60 points late morning

Press Trust of India  |  Mumbai 

The benchmark trimmed early leads, trading up by 60.22 points amid bouts of value- buying in energy, consumer durables, telecom, & gas, and capital goods sectors.

Earlier the surged nearly 245 points on hectic value buying in recently hammered

Investors focussed on the ongoing Goods and Services Council meet in Guwahati today expecting slash in indirect in some sectors.

The 30-share resumed higher at 33,376.62 and hovered between a high of 33,463.80 and 33.272.09 in morning trade. It was quoting at 33,279.03 at 1100 hrs, showing a gain of 60.22 or 0.18 per cent.

The broader trading at 10,320.65, up by 17.50 points, or 0.17 per cent.

Major gainers were 2.01 pct, 2.00 pct, 1.59 pct, HUL 1.54 pct, 1.22 pct and 1.05 pct.

Foreign portfolio investors (FPIs) sold worth a net Rs 3,838.27 crore yesterday, as per provisional data released by stock exchanges. Domestic institutional investors (DIIs) bought worth a net Rs 3,038.16 crore.

Asian markets mostly trading higher following decent gains on Wall Street. US stocks ended higher yesterday as investors awaited updates on efforts to pass reform in Washington and as President Donald Trump toured Asia.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 09 2017. 12:02 IST