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Sensex up 90 points in late morning deals

Press Trust of India  |  Mumbai 

The benchmark trimmed its earlier gains to trade in range, up by 90 points in late morning session following caution in Asian markets after the passage of a US Senate bill last week.

Good bouts of value buying in recent losers were seen, led by IT, Metal, Telecom, Realty, Oil&Gas and Basic Material.

Selling was witnessed in Energy, FMCG and Consumer Durable segments.

The 30-share index was trading higher by 90.40 points or 0.28 per cent at 32,923.34 at 1150hrs. The broader was also up by 22.65 points or 0.22 per cent at 10,144.45.

Major gainers were Infy 3.50 per cent, 2.19 per cent, 1.59 per cent, 1.56 per cent and 1.43 per cent.

Losers include Coal 1.12 per cent, Adani Ports 1.03 per cent and Asian Paint 0.78 per cent.

Foreign portfolio investors (FPIs) bought worth a net Rs 306.11 crore last Friday, as per provisional data. Domestic institutional investors (DIIs) also bought equities worth a net Rs 176.19 crore.

Asian stocks were mixed as investors were trading cautiously after US stocks declined on last Friday.

US stocks ended lower last Friday, after surrounding former national-security adviser Michael Flynn added an element of political uncertainty into markets.

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

First Published: Mon, December 04 2017. 12:10 IST