Higher Asian cues also boosted the market sentiment. Foreign institutional investors (FIIs) bought shares worth a net Rs 384.89 crore on Monday, as per provisional data from the stock exchanges.
    
The Sensex resumed higher at 21,237.96 and hovered in a range of 21,286.53 and 21,204.82 before quoting at 21,283.75 at 1030 hrs, showing a gain of 78.70 points, or 0.37 percent, from its last close.
    
The NSE 50-share Nifty also moved up by 21.40 points, or 0.34 percent, to 6,325.35 at 1030 hrs. Major gainers were Tata Motors (up 2.48 percent), SSLT (2.09 percent), Tata Steel (1.99 percent), ICICI Bank (1.91 percent), Maruti Suzuki (1.71 percent), SBI (1.41 percent) and Larsen (1.36 percent).
    
Asian stocks edged higher as China's money-market rates dropped after the Central Bank pumped funds into the financial system.
    
Key benchmark indices in China, Japan, Singapore, Hong Kong, Taiwan and South Korea were up 0.08-1.53 percent.

(Agencies)

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Sensex up 79 points in late morning trade

 

Mumbai: The benchmark S&P BSE Sensex extended its gains for the second consecutive day by gaining another 79 points in late morning trade on persistent buying, mainly in banking, capital goods, metal, auto and realty sectors, in view of sustained foreign capital inflows.

      

Higher Asian cues also boosted the market sentiment. Foreign institutional investors (FIIs) bought shares worth a net Rs 384.89 crore on Monday, as per provisional data from the stock exchanges.

      

The Sensex resumed higher at 21,237.96 and hovered in a range of 21,286.53 and 21,204.82 before quoting at 21,283.75 at 1030 hrs, showing a gain of 78.70 points, or 0.37 percent, from its last close.

      

The NSE 50-share Nifty also moved up by 21.40 points, or 0.34 percent, to 6,325.35 at 1030 hrs. Major gainers were Tata Motors (up 2.48 percent), SSLT (2.09 percent), Tata Steel (1.99 percent), ICICI Bank (1.91 percent), Maruti Suzuki (1.71 percent), SBI (1.41 percent) and Larsen (1.36 percent).

      

Asian stocks edged higher as China's money-market rates dropped after the Central Bank pumped funds into the financial system.

      

Key benchmark indices in China, Japan, Singapore, Hong Kong, Taiwan and South Korea were up 0.08-1.53 percent.