Opening Bell: Equity gauges trade higher, metals shine

Equity benchmark indices traded higher during early hours on December 24 with metal and energy stocks rising on global economic recovery prospects.

At 10:15 am, the BSE S and P Sensex was up by 418 points or 0.9 per cent at 46,862 while the Nifty 50 advanced by 122 points or 0.9 per cent to 13,723.

Except for Nifty IT which dipped by 0.5 per cent, all sectoral indices at the National Stock Exchange were in the green with Nifty metal rising by 2.5 per cent, PSU bank by 1.8 per cent, financial service by 1.3 per cent and auto by 1 per cent.