MARKET LIVE: Indices volatile, Sensex in the green; metal, auto stocks gain

Domestic equities turned volatile in the afternoon session on Wednesday. 

The benchmark S&P BSE Sensex was up 75 points at 37,775 level. Axis Bank, Bajaj Finance, Bajaj Finserv, up between 2.5 and 3.5 per cent, were the top gainers on the index, followed by gains in Maruti Suzuki, IndusInd Bank, and TCS (up around 2 per cent, each). 

On the downside, HDFC Bank (down 2 per cent), RIL, HCL Tech and Infosys (down 1 per cent each), and ITC (down 0.7 per cent) were the top laggards. 

Shares of PI industries rallied over 7 per cent to hit an all-time high of Rs 1,966 apiece on the BSE after the company reported a strong set of numbers for the first quarter of the financial year 2020-21 (FY21). READ MORE

Shares of SPARC (Sun Pharma Advanced Research Company) zoomed 14.5 per cent to Rs 200 apiece on the BSE on WEdnesday after the company declared healthy June quarter results on Tuesday, post market hours. READ MORE

The broader Nifty50, meanwhile, was at 11,120 level.

Sectorally, metal stocks surged higher amid positive global cues. Nifty Metal index was up over 3 per cent on the NSE, while Nifty Auto and Private Bank indices advanced 1 per cent, each. Nifty FMCG index, meanwhile, slipped 0.17 per cent. 
 

In the broader market, S&P BSE MidCap index was at 13,984 level, up 0.92 per cent. On the other hand, S&P BSE SmallCap index was up 0.8 per cent at 13,424 level.