Indices make further gains with surge in IT stocks and rally from Banking stocks.
BSE Sensex is trading at 48,337.02 up 160.22 points or 0.33%.
Nifty50 is currently trading at 14,167.25 up 34.35 points or 0.24%. Nifty Bank is trading up 1.30% at 31,617.60 while Mid-cap Index is up by 0.55%
Axis Bank, Wipro, IndusInd Bank, HDFC and HDFC Life are the top gainers while Bajaj Finance, Hindalco, JSW Steel, ONGC and Tata Steel are the top losers.
Nifty IT stocks soared 2.30% while Banking stocks rallied over 1% to lead the trade while Metal stocks (1.5% lower) continue to struggle the most.
Out of 50 stocks traded on the NSE, 20 advanced and 30 declined.
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