Sensex, Nifty climb more than half percent in afternoon trade

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The Sensex and the Nifty today climbed more than half a percent in the afternoon trade. Both indices gained even as the cues from the global share markets were negative. The Sensex was trading above 59,100 points while the Nifty was trading above the 17,600 level.

The Sensex rose 311 points, or 0.53 percent, to trade at 59,151. The Nifty also added 93 points, or 0.53 percent, to trade at 17,624. In the forex market, the rupee also appreciated five paise to trade at 79 rupees and 69 paise against the US dollar in afternoon deals.