Mkts firm: Realty, oil & gas, metal, banks, IT surge
At 2.31 pm, the markets extended gains and were trading higher. All BSE sectoral indices were trading positive. The BSE realty index outperformed the other sectoral indices; it was up over 4%.
Good buying interest was also seen in oil & gas, metal, banks, IT and capital goods stocks. Reliance, Infosys, ITC, ICICI Bank and HDFC were major contributors to the Sensex.
At 2.31 pm, the Sensex was up 130.07 points or 1.37% at 9601.11, and the Nifty was up 35.50 points or 1.21% at 2974.20.
The market breadth was positive, about 1381 shares advanced, 1533 shares declined, and 158 shares were unchanged.
Top gainers on the Sensex were DLF at Rs 175.40 up 5.47%, Sterlite Ind at Rs 343.50 up 5.30%, Tata Power at Rs 723.25 up 4.67%, Jaiprakash Asso at Rs 81.65 up 3.95% and Reliance at Rs 1,508 up 3.88%.
Top gainers on the BSE Midcap were Welspun Guj at Rs 76.80 up 12.94%, UB Holdings at Rs 73.40 up 10.46%, Usha Martin at Rs 26.50 up 9.05%, AIA Engineering at Rs 123.50 up 8.76% and Matrix Lab at Rs 117 up 8.13%.
However, top losers on the Sensex were NTPC at Rs 177.75 down 2.34%, Bharti Airtel at Rs 592.50 down 1.81%, HUL at Rs 235.10 down 1.71%, ONGC at Rs 767 down 1.6% and Tata Motors at Rs 159.50 down 1.57%.
Tech major Infosys was trading at Rs 1,345.00 up 1.67% from its previous close of Rs 1,322.95.
Cigarette major ITC was trading at Rs 178.75 up 2.06% from its previous close of Rs 175.15.