Indices stretch early gains as banking and financial services stocks soar nearly 3%.
BSE Sensex is currently 54,359.70 up 536.34 points or 1.00%.
Nifty50 is currently 16,277.10 up 146.35 points or 0.91%. Nifty Bank is trading up 2.80% at 36,192.30 while Mid-cap Index is down by 1.06%.
HDFC, State Bank of India, Kotak Bank, ICICI Bank, and HDFC Bank are the top gainers. Grasim, Titan, Hindalco, Tata Motors, and BPCL are the top losers.
Nifty Banking and Financial Services soar nearly 3% to drive trade. Rest all the other sectors remain in the negative zone.
Out of 50 stocks traded on the NSE, 19 advanced, 30 declined and 1 unchanged.