Erasing some of its earlier gains, the BSE benchmark Sensex was still quoting higher by over 78 points on Wednesday in late morning trade on persistent buying, mainly in realty, capital goods, IT and PSU stocks amid firm capital inflows.

Foreign institutional investors (FIIs) bought shares worth a net Rs. 220.80 crore yesterday as per the provisional data from the stock exchanges.

The 30-share index resumed higher at 19,254.20 and mmoved up further to a high of 19,271.58. However, it declined afterwards to 19,195.47 before quoting at 19,221.54 at 10.30 a.m., still showing a gain of 78.37 points, or 0.41 per cent from its last close.

The NSE 50-share Nifty also moved up by 24.70 points, or 0.43 per cent to 5,808.95 at 10.30 a.m.

Major gainers were Wipro (2.16 per cent), Larsen (2.05 per cent), Sterlite Ind (1.58 per cent), Tata Motors (1.35 per cent), ONGC (1.31 per cent), Infosys (1.23 per cent) and Hindalco (1.12 per cent).

However, Gail India dropped by 1.62 per cent and HUL by 1.28 per cent.

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