Equity market indices bounce back in afternoon to become bullish due to rally from IT and Pharma stocks.
BSE Sensex is trading at 45,850.82 up 296.86 points or 0.65%.
Nifty50 is trading at 13,424.75 up 96.35 points or 0.72%. Nifty Bank is trading up 0.35% at 29,560.95 while Mid-cap Index is up by 0.62%
Adani Ports, HCL Tech, Tech Mahindra, Infosys and Bharti Airtel are the top gainers while Tata Motors, Bajaj Finance, ONGC, Hindalco and Grasim are the top losers.
Nifty IT and Pharma stocks lead the rally, while remaining all other sectoral indices trade in the red.
Out of 50 stocks traded on the NSE, 35 advanced, 14 declined and 1 unchanged.
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