Sensex up 136 points, Nifty above 10,800 in late morning

| | Mumbai
Sensex up 136 points, Nifty above 10,800 in late morning
The BSE Sensex pared its initial gains, while trading higher by 136.94 points in late morning deals on sustained buying in stocks from Telecom, HealthCare, Consumer Durable, FMCG, Capital Goods, Energy and Basic Material sectors amid mixed Asian cues.
Sentiments were positive ahead key summit between US President Donald Trump's and North Korean leader Kim Jong Un.
Investors also focussed on key domestic macro data like IIP, CPI and WPI due tomorrow.
The 30-share index was trading higher at 35,580.61, showing a gain of 136.94 points, or 0.39 per cent at 1055 hrs.
The broader Nifty-50 index too trading at 10,814.25, up 46.60 points, or 0.43 percent.
Major gainers were BhartiAirtl 2.88 per cent, Dr Reddy 2.40 per cent, SunPharma 2.04 per cent, Yes Bank 1.36 per cent, Bajaj Auto 1.20 per cent and SBIN 1.19 per cent.
Meanwhile, foreign portfolio investors (FPIs) sold shares worth Rs 222.50 crore on net basis, while domestic institutional investors (DIIs) bought equities to the tune of Rs 459.44 crore last Friday, provisional data showed.
Overseas, Asian markets were trading on a mixed note, with limited fallout from a tumultuous G-7 meeting.
US equities held on to last Friday afternoon rally as the risk-off sentiment that gripped investors late in the week subsided.


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