Stock Market Tips-Sensex up 200 points, Nifty above 11,250; Jet Airways down 4%

Benchmark indices are trading higher with Nifty above 11,250 level, while Sensex up 200 points.

At 10:38 hrs IST, the Sensex is up 200.33 points at 37518.86, while Nifty is up 53.50 points at 11275.50. About 1155 shares have advanced, 689 shares declined, and 121 shares are unchanged. 

It is a good start for the market on May 15 with Nifty opened above 11,250 level.

At 09:17 hrs IST, the Sensex is up 116.55 points at 37435.08, while Nifty is up 34.50 points at 11256.50. About 444 shares have advanced, 203 shares declined, and 21 shares are unchanged. 

SBI, IndusInd Bank, Axis Bank, ICICI Bank, Nestle India are among major gainers on the indices, while losers are Yes Bank, Dr Reddy's Lab, Bharti Airtel, JSW Steel, Pidilite and Jet Airways.

All the sectoral indices are trading in green led by energy, FMCG, auto, bank and IT.

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