Sensex up by 112 points

Written By DNA Web Team | Updated:

The Bombay Stock Exchange benchmark Sensex rose by over 112 points on Wednesday, on revival of buying by institutional funds in blue-chip stocks

Updated at 11.50 am

MUMBAI: The Bombay Stock Exchange benchmark Sensex rose by over 112 points on Wednesday, on revival of buying by institutional funds in blue-chip stocks.

The 30-share sensitive index, which lost 53 points in early trade, recovered by 112.28 points to quote at 10,527.89 at 1045 hours.

Similarly, the Nifty index on the National Stock Exchange was up 33.45 points at 3073.95 after dipping to 3022.70 points in opening trade.

The major gainers were ACC, Grasim Industries, Larsen and Toubro, Reliance Industries, ONGC, Tata Motors, Bajaj Auto, Maruti Udyog, Hero Honda, Dr Reddy's Lab, Ranbaxy Lab, Tata Steel, HDFC and BHEL.

However, banking sector stocks such as ICICI Bank and HDFC Bank were in the red with moderate losses on  profit-taking.