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Healthy macro data lift key equity indices (Lead)

Wednesday - June 13, 2018 1:16 pm , Category : BUSINESS
 Healthy macro data lift key equity indices (Lead)
Healthy macro data lift key equity indices (Lead)
Mumbai June 13 (IANS) The key Indian equity indices traded in the green on Wednesday afternoon as a healthy industrial production data boosted investor sentiments.
Data released on Tuesday showed India s industrial output rose by 4.9 per cent in April 2018 from a rise of 4.57 per cent in March.
According to market analysts healthy buying was witnessed in healthcare consumer durables and banking stocks.
However weakness in the global markets arrested the gains.
At 12.47 p.m. the broader Nifty50 of the National Stock Exchange (NSE) traded at 10 880.70 points -- up by 37.85 points or 0.35 per cent -- from its previous close of 10 842.85 points.
The barometer 30-scrip Sensitive Index (Sensex) which had opened at 35 835.44 points traded at 35 838.80 points (12.49 p.m.) -- higher by 146.28 points or 0.41 per cent -- from its previous session s close of 35 692.52 points.
Sensex has so far touched a high of 35 877.41 points and a low of 35 715.96 points during the intra-day trade. The BSE market breadth was bullish with 1 420 advances and 1 070 declines so far.
The top gainers on the Sensex were Dr Reddy s Lab Axis Bank Tata Consultancy Services (TCS) Sun Pharma Bajaj Auto whereas Tata Steel Hindustan Unilever HDFC ONGC and Bharti Airtel were the major losers.
On the NSE Dr Reddy s Lab Cipla and Lupin were the highest gainers while Zee Entertainment Tata Steel and Indiabulls Housing Loans lost the most.

--IANS rrb/mr

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