The BSE benchmark Sensex bounced back by 61 points in late morning trade on Friday amid buying in consumer durable, auto, IT, banking and power sectors triggered by higher Asian cues and sustained foreign capital inflows.
The BSE-30 share barometer Sensex resumed lower at 19,911.08 and hovered in a range of 20,021.41 and 19,908.80 before quoting 20,000.29 points at 1030 hrs.
It showed a gain of 61.25 points or 0.31 per cent from its last close.
The NSE 50-share index, Nifty, also moved up by 17.45 points, or 0.29 per cent, quoting 6,067.60 at 1030 hrs.
Major gainers were Maruti Suzuki (2.35 per cent), M&M (1.63 per cent), Hero Motocorp (1.44 per cent), Dr. Reddy’s Lab (1.14 per cent) and SBI (0.90 per cent).
Foreign institutional investors (FIIs) bought shares worth a net Rs. 662.88 crore on Thursday, as per provisional data from the stock exchanges.
Asian stocks were mostly higher in their early trade today with Japanese equities hitting fresh 5-year highs as the dollar’s break above the 100 yen level underpinned sentiment.
Key benchmark indices in Singapore, Japan and China rose by 0.05 to 3.02 per cent while stocks in Taiwan, South Korea and Hong Kong fell by 0.13 to 1.19 per cent.
