Mumbai, India (BBN)-The benchmark BSE Sensex was trading higher by over 200 points on increased buying in select blue-chips amid a mixed trend in Asian markets.
At 10:35am, the 30-share BSE index Sensex was up 208.93 points or 0.79 per cent at 26,559.10 and the 50-share NSE index Nifty was up 63.3 points or 0.78 per cent at 8,190.20, reports The Hindu Business Line.
Among BSE sectoral indices, metal and PSU indices gained the most by 0.97 per cent, followed by oil & gas 0.94 per cent and realty 0.8 per cent. On the other hand, IT index was down 0.28 per cent and TECk 0.07 per cent.
A report by IFA Global said: “Asian stock markets are trading on a negative note, with Hang Seng index trading marginally lower by 2 points and Nikkei index trading lower by 34 points following lack of global cues. US stock markets closed on a negative note. The Dow Jones Industrial Average closed lower by 54 points and Nasdaq index closed lower by 30 points. US equities closed lower primarily on back of profit-booking after a rally seen in US equities post US elections. European stock markets closed on a negative note, with FTSE closing lower by 41 points and CAC lower by 40 points. European markets ended the day lower as market participants remain cautious ahead of the Italy referendum scheduled later this week.”
In Asian markets, Shanghai Composite Index was up 0.36 per cent, while Japan’s Nikkei was down 0.19 per cent in early trade. Hong Kong’s Hang Seng shed 0.07 per cent.
The US Dow Jones Industrial Average had ended 0.28 per cent lower in yesterday’s trade.