Sensex, Nifty remain positive; healthcare, oil & gas lead 24/08/2016 11:43

Sensex, Nifty remain positive; healthcare, oil & gas lead
24/08/2016 11:43
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut   : BUY ZONE

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Indian equity benchmarks continued to trade in the positive territory during the late morning deals on Wednesday led by increased buying by investors mainly in the healthcare, oil & gas and auto sector stocks amid mixed global cues.

Moreover, speculators were indulged in covering up of short-positions ahead of the August Futures & Options (F&O) contract expiry on Thursday, supported sentiment at D-Street.

At 11:08 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,035.39, up by 45.18 points or 0.16 per cent while the NSE Nifty was at 8,641.5, up by 8.9 points or 0.1 per cent.

On the global front, Asian markets were trading mixed amid caution ahead of Yellen’s speech on Friday which may offer more clues over when the Fed plans to raise interest rates next. Shanghai Composite was trading 0.08 per cent higher. Hang Seng fell by 0.94 per cent but Japan’s Nikkei 225 advanced by 0.54 per cent.