Mumbai, August 10: Equities bounced back from day’s lows as low level buying emerged in IT, pharmaceuticals and metals space. However negative opening of European markets may cap the gains back home. ( Watch )
At 12:50 pm, Bombay Stock Exchange’s Sensex was at 15182.85, up 22.61 points or 0.15 per cent. The index touched an intra-day low of 14981.46 and intra-day high of 15417.34.
National Stock Exchange’s Nifty was at 4497.65, up 16.25 points or 0.36 per cent. The broader index hit a low of 4430.30 and high of 4562.50 in trade so far.
BSE Midcap Index was down 0.05 per cent and BSE Smallcap Index moved 0.53 per cent lower.
Amongst the sectoral indices, BSE IT Index was up 2.80 per cent, BSE Healthcare Index gained 1.86 per cent and BSE Metal Index moved 1.28 per cent higher. BSE Auto Index was down 2.64 per cent and BSE FMCG Index slipped 2.36 per cent.
Biggest Sensex gainers were Tata Consultancy Services (5.85%), Tata Power (3.21%), Hindalco Industries (3.01%), Wipro (2.83%) and Infosys Technologies (2.65%).
Mahindra & Mahindra (-6.5%), Hero Honda (-3.19%), ACC (-3.17%), Bharti Airtel (-2.97%) and ITC (-2.45%) were the losers.
Market breadth on BSE showed 1419 declines against 1037 advances.
European markets ended their winning streak as traders booked profits in banks and commodities. FTSE 100 and CAC 40 were down 0.56 per cent each and DAX was 0.54 per cent lower.
–Agencies