Equity markets stay in green early afternoon

By IANS,

Mumbai : Indian equity markets were trading in the green early Tuesday afternoon amidst reports that the ruling United Progressive Alliance is ahead in the numbers game in the trust vote scheduled in the evening. There was huge buying in metal, power and banking stocks.

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At 12:30 p.m., the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was up by 329.83 points or 2.38 percent at 14,179.87. At the day’s high it had touched 14,206.13.

At the same time the broader based S&P CNX Nifty index of the National Stock Exchange was up by 96 points or 2.31 percent at 4255.50

The market breadth was positive. On BSE, 1,741 shares advanced, 546 declined and 72 remained unchanged.