Sensex Snaps Losing Streak, Up 323 Points

Snapping a six-session losing streak, the BSE benchmark Sensex was up by 323 points in early trade today due to fresh buying in IT, realty, consumer durable, auto and metal stocks on the back of higher Asian cues.

The BSE benchmark Sensex resumed higher at 17,244.71 and hovered in a range between 17,256.46 and 17,093.63 before quoting at 17,181.34 at 1015 hours, showing a net rise of 323.43 points, or 1.92 per cent, from its last close.

The NSE's 50-share Nifty index also shot up by 102.35 points, or 2.02 per cent, to 5,175.20 at 1015 hours.

The major gainers in early trade were Tata Motors (up 4.31 per cent), Hindalco Industries (4.19 per cent), M&M (3.96 per cent), DLF (3.66 per cent), Infosys (3.66 per cent) and TCS (3.48 per cent).

From: http://ping.fm/4k92H