MARKETS: Sensex gains 200 pts ahead of SC verdict in loan moratorium case

LIVE market updates: The Indian benchmark indices ticked up in Tuesday's morning deals ahead of the Supreme Court's verdict on a batch of pleas by various trade associations seeking extension of loan moratorium in view of the Covid-19 pandemic.

Among headline indices, the S&P BSE Sensex gained 200 points, or 0.4 per cent, at 50,000 levels and the Nifty50 index traded above the 14,800-mark. IndusInd Bank, Axis Bank, HCL Tech, ICICI Bank, Titan, and Maruti Suzuki gained over 1 per cent each and were the top Sensex gainers.

The Nifty sectoral indices were painted green, led by Nifty IT index, up 1 per cent.

In the broader markets, the S&P BSE MidCap and SmallCap indices were trdaing 0.6 per cent and 1 per cent higher, respectively.