Market LIVE updates: Sensex rises 300 pts, Nifty above 17150; PSBs lead

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Live market updates: The key benchmark indices started trade on a fairly positive note ending the losing streak of the previous five sessions amid the rising geo-political tensions and oil prices. The BSE Sensex rose 325 points at 57,626 while the NSE Nifty50 gained 86 points at 17,178 levels. 
 

Among the Sensex-30 shares, Kotak Bank, Maruti, M&M, Titan, SBI, Bajaj Finance, IndusInd Bank, Asian Paints and Tata Steel were the top gainers, up to 2 per cent higher. Tata Motors, Tata Consumer, Coal India and Adani Ports were the additonal gainers on the Nifty. 

On the downside, ONGC, Divis Labs, Eicher Motors and L&T, meanwhile were the only losers on the bourses, down up to 0.4 per cent.  

In the broader markets, the BSE MidCap and SmallCap indices were in the positive territory in line with the headline indices, up 0.9 and 1.4 per cent, respectively. 

Sectorally, all the Nifty indices were in the green, with maximum gains in Nifty Realty, up 2 per cent. Realty shares were followed by PSBs, up 1.6 per cent. Other notable gainers included Nifty Auto, Financials,Consumer Durables and Metals, all 0.6-1 per cent higher. 

Among individual stocks, Crompton Greaves Consumer Electricals was trading 3 per cent higher on the BSE after the company announced the acquisition of controlling stake in Butterfly Gandhimathi Appliances for an aggregate consideration of Rs 2,076.6 crores.