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Realty stocks lead initial gain

Monday 1st Aug 2011 140

New Delhi : The key benchmark indices gained in early trade on firm Asian stocks. The BSE Sensex was up 198.55 points or 1.09%. off close to 45 points from the day's high and up about equal points from the day's low. Asian stock markets jumped on Monday after U.S. President Barack Obama announced a framework debt-limit deal ahead of Tuesday's deadline. Realty stocks edged higher on bargain hunting. The market breadth was strong. Index heavyweights Reliance Industries (RIL) and ICICI Bank edged higher. All the sectoral indices on BSE were in the green.

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