Sensex gains over 100 points; banking stocks surge

Mumbai, Dec 26 (IANS) A benchmark index of Indian equities markets Friday was trading 106.19 points or 0.39 percent as banking stocks gained.

Goods buying was observed in the banking and capital goods sectors, while marginal selling pressure was seen in the fast moving consumer goods (FMCG) sector.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,215.19 points was trading at 27,314.80 points (at 09.31 a.m.) in the early session, up by 106.19 points or 0.39 percent from the previous day’s close at 27,208.61 points.
The Sensex touched a high of 27,370.63 points and a low of 27,215.19 points in the trade so far.
The S&P bankex gained by 128.61 points and the capital goods index moved up by 90.84 points. However, the FMCG index dropped by 6.71 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 24.90 points or up by 0.30 percent at 8199 points.