Strong start for the D-Street, following positive global cues as Nifty surpassed 11,500 for the first time, while the Sensex is up around 150 points.
Among sectors, barring IT index all other sectoral indices are trading higher led by metal, bank, energy, infra and pharma. The Nifty Midcap index is also up over half a percent.
At 09:16 hrs IST, the Sensex is up 154.63 points or 0.41% at 38102.51, and the Nifty up 41.40 points or 0.36% at 11512.20. About 688 shares have advanced, 243 shares declined, and 57 shares are unchanged.
Infosys shed 3 percent on CFO resignation, while shares of Yes Bank, RIL, Future Retail are among major gainers. L&T surged 4 percent as board to consider buyback on August 23.
Missed call
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