Mumbai, Nov 16: The benchmark BSE Sensex recovered from early losses and was trading higher by 16.11 points in late morning deals on buying in banking and capital goods stocks despite subdued global cues.
The BSE Sensex resumed lower at 25,580.15 and fell further to 25,451.42 before rising to 25,640.86. The index was quoting 25,626.64 at 1100 hrs, showing a gain of 16.11 points or 0.06 per cent from the last close.
The 50-share Nifty was marginally up 1.20 points or 0.02 per cent to 7,763.45 at 1100 hrs.
Major gainers were Dr Reddy’s (2.17 pc), ITC (1.71 pc), ICICI Bank (1.43 pc), Bharti Airtel (1.29 pc), SBI (1.17 pc), and HDFC Bank (1 pc).
While notable lossers include ONGC (1.88 pc), Tata Motors (1.80 pc), Infosys (1.73 pc), Coal India (1.44 pc), TCS (1.33 pc) and GAIL (1.21 pc).
