Mumbai stocks: Sensex trades up 250 points

Rebounding after two-days of losses, a benchmark index of Indian equities markets Thursday gained around 250 points or 0.97 per cent in the afternoon trade session, as banks, capital goods and healthcare stocks rose. The benchmark index was initially up around 300 points or 1.13 per cent in the early morning session. Healthy buying was observed in oil and gas, metal and automobile sectors. All industry indices of the S&P Bombay Stock Exchange (BSE) were trading in the positive territory, except for fast moving consumer goods (FMCG) which sustained minor losses. The 30-scrip Sensitive Index (Sensex) of the S&P BSE, which opened at 26,394.37 points, was trading at 26,500.50 points (at 12.00 p.m.) in the afternoon trade session, up 253.71 points or 0.97 per cent from the previous day's close at 26,246.79 points. The Sensex touched a high of 26,571.66 points and a low of 26,394.21 points in the trade so far, according to daijiworld.com