After seeing a strong start on the back of positive global cues, equity benchmarks have extended their gains. Banks are witnessing a strong rally, while buying counters are buzzing in sectors such as FMCG, metals, auto and pharmaceuticals. D-Street is getting support from midcaps as well, with the index currently trading higher by a percent.
Among stocks, shares of Vedanta, ITC, Dr Reddy’s Labs and Indiabulls Housing are the top gainers, while Airtel, Bajaj Auto, and GAIL have lost the most. Shares of Jet Airways are up 3 percent as the airline announced the dates for declaring its June quarter results.
At 09:50 hrs IST, the Sensex is up 244.34 points or 0.65% at 37907.90, while the Nifty is up 67.30 points or 0.59% at 11452.30. The market breadth is positive as 1,317 shares advanced, against a decline of 420 shares declined, and 80 shares are unchanged.
Missed call
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