The market has managed to hold gains following the opening spurt. The Sensex is now up 81 points at 28,567, and the Nifty has added 30 points to 8,691.
The market has managed to hold gains following the opening spurt. The Sensex is now up 81 points at 28,567, and the Nifty has added 30 points to 8,691.
The India VIX (Volatility) index has jumped 2.2 percent to 14.565.
Index heavyweights - IT majors - Infosys, TCS along with Reliance Industries and ITC are the major contributors.
Among sectors - the FMCG, IT and Realty indices are up over a percent each at 20,978, 12,131 and 232.45, respectively.
The broader market are also trading on a firm note - the CNX Midcap index has advanced 0.7 percent to 13,487, and the Smallcap index has soared 1.3 percent to 5,981.
The breadth too is fairly positive, with more than 1,000 advancing shares versus 320-odd declining stocks on the NSE.
BPCL is the major gainer in the Nifty-50 space, up over 4 percent at Rs. 829. Coal India has surged 3.3 percent to Rs. 371.
Tech Mahindra and UltraTech Cements have rallied 2.5 percent each to Rs. 670 and Rs. 3,006, respectively. Bharti Airtel has jumped over 2 percent to Rs. 413.
Reliance Industries has advanced 1.8 percent to Rs. 848. Maruti, Asian Paints, TCS, Ambuja Cements, Infosys, HCL Technologies, ACC and Tata Motors are the other prominent gainers.
On the other hand, Sesa Sterlite and ONGC have shed 2 percent each at Rs. 194 and Rs. 313, respectively.
NMDC has slipped 1.3 percent to Rs. 128. Cairn India, NTPC, Tata Steel and Mahindra & Mahindra are the other notable losers.
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