Barometers turn rangebound, consumer durables in demand
Mumbai, April 24 -- The frontline indices traded in a narrow range with modest gains in mid-morning trade. The Nifty hovered above the 22,450 mark. Consumer durables shares witnessed buying demand for the fourth day in a row.
At 11:30 IST, the barometer index, the S&P BSE Sensex jumped 342.47 points or 0.46% to 74,077.67. The Nifty 50 index added 93.55 points or 0.42% to 22,461.55.
The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.72% and the S&P BSE Small-Cap index gained 0.97%.
The market breadth was strong. On the BSE, 2,428 shares rose and 1,156 shares fell. A total of 150 shares were unchanged.
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