All sectoral indices are trading in green, except, the BSE Metal index down 0.4 percent at 9,958 led by Tata Steel, Hindustan Zinc and Hindalco. The broader market is also trading in line with the BSE headline index, the Mid-cap and Smallcap indices have gained 0.5 percent each at 10,699 and 11,255, respectively.
The market continues to trade on a gung-ho note, on the back of strong buying in index heavy-weights.
Buying is clearly evident in sectors like - IT, bank, power, consumer durables and oil & gas.
The key benchmark indices, the BSE Sensex and the NSE Nifty rallied to a fresh intra-day high at 27,903 and 8,440, respectively.
At 10:37 AM, the S&P BSE Sensex is trading at 27,882 up 237 points, while NSE Nifty is trading at 8,431 up 66 points.
The broader market is also trading in line with the BSE headline index, the Mid-cap and Smallcap indices have gained 0.5 percent each at 10,699 and 11,255, respectively.
All sectoral indices are trading in green, except, the BSE Metal index down 0.4 percent at 9,958 led by Tata Steel, Hindustan Zinc and Hindalco.
The BSE IT index has jumped 1.3 percent at 10,900, due to weakness in Indian rupee against dollar.
The Bankex, Power and Consumer Durables indices have spurted almost a percent each.
The Oil & Gas, Auto, Healthcare, FMCG and Capital Goods indices are the other notable gainers.
The breadth is positive in morning deals - out of 1,949 stocks traded on the BSE so far 1,262 stocks are advancing, while 599 stocks are declining.
In the IT space - NIIT is the top gainer - up nearly 6 percent to Rs. 41.70. Indian Infotech and Helios & Matheson Information Technologies have soared 5 percent each at Rs. 0.42 and Rs. 27.45, respectively.
Rolta India has surged over 4.5 percent at Rs. 120. Persistent Systems has jumped 3.5 percent at Rs. 800.
Lycos Internet, Tech Mahindra, Polaris Consulting and HCL Technologies are the other significant gainers.
On the losing side, 3i Infotech has plunged almost 5 percent at Rs. 2.51. SQS India BFSI has slipped around 2 percent at Rs. 580 and KPIT Technologies has shed a percent at Rs. 112.
Buying is clearly evident in sectors like - IT, bank, power, consumer durables and oil & gas.
The key benchmark indices, the BSE Sensex and the NSE Nifty rallied to a fresh intra-day high at 27,903 and 8,440, respectively.
At 10:37 AM, the S&P BSE Sensex is trading at 27,882 up 237 points, while NSE Nifty is trading at 8,431 up 66 points.
The broader market is also trading in line with the BSE headline index, the Mid-cap and Smallcap indices have gained 0.5 percent each at 10,699 and 11,255, respectively.
All sectoral indices are trading in green, except, the BSE Metal index down 0.4 percent at 9,958 led by Tata Steel, Hindustan Zinc and Hindalco.
The BSE IT index has jumped 1.3 percent at 10,900, due to weakness in Indian rupee against dollar.
The Bankex, Power and Consumer Durables indices have spurted almost a percent each.
The Oil & Gas, Auto, Healthcare, FMCG and Capital Goods indices are the other notable gainers.
The breadth is positive in morning deals - out of 1,949 stocks traded on the BSE so far 1,262 stocks are advancing, while 599 stocks are declining.
In the IT space - NIIT is the top gainer - up nearly 6 percent to Rs. 41.70. Indian Infotech and Helios & Matheson Information Technologies have soared 5 percent each at Rs. 0.42 and Rs. 27.45, respectively.
Rolta India has surged over 4.5 percent at Rs. 120. Persistent Systems has jumped 3.5 percent at Rs. 800.
Lycos Internet, Tech Mahindra, Polaris Consulting and HCL Technologies are the other significant gainers.
On the losing side, 3i Infotech has plunged almost 5 percent at Rs. 2.51. SQS India BFSI has slipped around 2 percent at Rs. 580 and KPIT Technologies has shed a percent at Rs. 112.
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