Stock Market Tips-Sensex up over 200 pts, Nifty above 11,900; PSU banks in focus

Benchmark indices are trading higher with Nifty above 11,900 level.

At 10:31 hrs IST, the Sensex is up 228.45 points or 0.58% at 39730.50, and the Nifty up 57.90 points or 0.49% at 11919. About 1132 shares have advanced, 809 shares declined, and 93 shares are unchanged. 

It is flat opening for the Indian indices with Nifty around 11,900 ahead of F&O expiry of May series.

At 09:16 hrs IST, the Sensex is up 36.91 points or 0.09% at 39538.96, and the Nifty up 14.60 points or 0.12% at 11875.70. About 511 shares have advanced, 349 shares declined, and 27 shares are unchanged. 

Power Grid, Tech Mahindra, TCS, Wipro, Bajaj Auto, Tata Motors, RIL, West Coast Paper are some of the major gainers in the early trade, while losers are Sun Pharma, Yes Bank, ONGC, Cipla, Zee Entertainment, HDFC, UPL, Glenmark Pharma, BEL, United Spirits and Hero Motocorp

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