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Sensex climbs 173 points, Nifty to trade at 17,425

The Sensex and the Nifty today posted modest gains in the afternoon trade. Both stock indices rose around 0.3 percent amid positive cues from global share markets. The Sensex was trading near the 58,500 mark while the Nifty was trading above 17,400 level.

The Sensex climbed 173 points, or 0.3 percent, to trade at 58,472. The Nifty also added 43 points, or 0.25 percent, to trade at 17,425.

In the forex market, the rupee appreciated 28 paise to trade at 79 rupees and 20 paise against the US dollar in the afternoon deals.

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