Indices capitalise on early gains. IT and Banking stocks lead charge.
BSE Sensex is currently 54,711.99 up 309.14 points or 0.57%.
Nifty50 is currently 16,334.50 up 76.25 points or 0.47%. Nifty Bank is 36,229.85, up 0.56 points. Mid-cap Index is down by 0.01%.
Tech Mahindra, Kotak Bank, Bharti Airtel, Wipro and Reliance are the top gainers. Shree Cement, Power Grid, Grasim, JSW Steel, and State Bank of India are the top losers.
Nifty IT, Banking and Financial Services stocks are bullish while Realty stocks sink 1%. Nifty Metal, Media, PSU Bank, Media and FMCG stocks are also under pressure.
Out of 50 stocks traded on the NSE, 26 advanced, 23 declined and 1 unchanged.