Mumbai: In volatile trading, the Bombay Stock Exchange benchmark Sensex wiped-off early losses to quote higher by nearly 102 points at noon today on revival of buying after lower inflation data.

The Sensex, which lost nearly 90 points in the opening session, bounced back to trader higher 101.93 points at 15.568.74, with heavy-weights like Tata Steel and HDFC Bank recording fresh gains.

The wide-based National Stock Exchange index Nifty rose by 24.30 points to 4,679.25.

Marketmen said the buying activity picked up soon after the inflation data showed a drop at 0.13 per cent for the week ended May 30, against 0.48 per cent the previous week.

 

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