Global cues, renewed buying lift market; banking stocks rise (Ld)

New Delhi, Dec 11 : Strong global sentiment along with renewed buying pushed up the Indian equity market during the mid-afternoon trade session on Friday.
Accordingly, the market opened with a gap up following Thursday decline.
In terms of sectors, all major indices were trading in green.
At 1.45 p.m., Sensex was trading at 46,137.65, higher by 177.77 points or 0.39 per cent from the previous close.
The Nifty50 was trading at 13,529.55, higher by 51.25 points or 0.38 per cent from the previous close.
“Index is continuing its bullish momentum for sixth consecutive weeks and intraday dips are getting bought into quickly,” said Jay Purohit, Technical & Derivatives Analyst, MOFSL.