Markets extend gains in afternoon

By IANS,

Mumbai : Indian equities markets moved further up into green territory in the afternoon trade Friday.

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Nearly 90 minutes before the closing bell, a key index was trading 2.52 percent higher than its previous close.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 9,161.49 points, was trading at 9,320.09 points, up 2.52 percent or 229.21 points.

The BSE midcap index was trading 1.61 percent higher, while the BSE smallcap was up 1.56 percent.

At the same time, the broader-based S&P CNX Nifty of the National Stock Exchange (NSE) was at 2,842.3 points, 2.24 percent higher than its previous close of 2,780.05 points.