Foreign Institutional Investors (FIIs) bought shares worth Rs 864.35 crore on Wednesday, as per provisional data from the stock exchanges. The Sensex resumed lower at 21,736.61 on initial selling, but recovered immediately to a high of 21,913.04 before trading at 21,885.54 at 1015 hrs, showing a gain of 29.32 points, or 0.13 percent, from its last close.

The NSE Nifty also moved up by 13.60 points, or 0.21 percent, to 6,530.50 at 1015 hrs. Major gainers were RIL (2.28 percent), SBI (2.22 percent), Tata Power (2.04 percent), ONGC (1.72 percent), Dr Reddy's Lab (1.62 percent), HDFC Bank (1.62 percent), ICICI Bank (1.60 percent).
    
Key benchmark indices in China, Indonesia, South Korea, Hong Kong, Taiwan, and Japan were up 0.47-1.26 percent while Singapore's Straits Times fell 0.21 percent.

Meanwhile, US stocks were mostly higher on Wednesday amid signs of progress in diplomatic attempts to ease tensions in Ukraine and as investors shrugged off concern over weakness in the Chinese economy.

(Agencies)

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Sensex up 29 points in morning trade

       

Mumbai: The benchmark BSE Sensex gained 29 points in morning trade on persistent buying, mainly in oil & gas, banking, auto, consumer durables and capital goods stocks amid sustained foreign capital inflows and firm Asian cues.

       

Foreign Institutional Investors (FIIs) bought shares worth Rs 864.35 crore on Wednesday, as per provisional data from the stock exchanges. The Sensex resumed lower at 21,736.61 on initial selling, but recovered immediately to a high of 21,913.04 before trading at 21,885.54 at 1015 hrs, showing a gain of 29.32 points, or 0.13 percent, from its last close.

       

The NSE Nifty also moved up by 13.60 points, or 0.21 percent, to 6,530.50 at 1015 hrs. Major gainers were RIL (2.28 percent), SBI (2.22 percent), Tata Power (2.04 percent), ONGC (1.72 percent), Dr Reddy's Lab (1.62 percent), HDFC Bank (1.62 percent), ICICI Bank (1.60 percent).

       

Key benchmark indices in China, Indonesia, South Korea, Hong Kong, Taiwan, and Japan were up 0.47-1.26 percent while Singapore's Straits Times fell 0.21 percent.

Meanwhile, US stocks were mostly higher on Wednesday amid signs of progress in diplomatic attempts to ease tensions in Ukraine and as investors shrugged off concern over weakness in the Chinese economy.