14 June 2011

Banks, FMCG, infrastructure drive Sensex higher

Indian equity benchmarks were consistently trading with about half a percent gains amid volatility, supported by financial, FMCG, infrastructure, realty, steel, healthcare and telecom companies' shares. ONGC was the leading star on the Nifty, with rising more than 1.5%. TCS and Wipro gained close to 1% at 10:45 hours.

The 50-share NSE Nifty continued to hold the 5500 level. The index was trading at 5,510, up 28 points and the 30-share BSE Sensex gained 76 points at 18,342. The Nifty Futures were trading with 14 points premium.

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