Stock Market Trading Updates-Nifty hovers around 10,450, Midcap extends losses; PSU Bank falls 1%

Equity benchmarks rebounded in opening on Tuesday, with the Sensex rising more than 100 points, backed by pharma, metals and technology stocks.

The 30-share BSE Sensex was up 147.65 points at 33,960.40 and the 50-share NSE Nifty gained 55.60 points at 10,491.10. About 1,057 shares advanced against 270 declining shares on the BSE.

Mahindra & Mahindra, Dr Reddy's Labs, Cipla, Sun Pharma, GAIL, Tata Steel, Coal India, TCS, HCL Technologies and Infosys were early gainers.

SBI and Eicher Motors were early losers.

Nifty Midcap index gained 120 points on strong market breadth.

Castex Technologies, Unitech, Alok Industries, DB Realty, Thermax, TVS Motors, EID Parry, Bajaj Hindusthan and Reliance Power rallied 2-10 percent.

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