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The Sensex after trading on a firm note slipped into the negative terrain due to profit booking and soon bounced back into the positive. Realty and banking stocks led the advances, while IT stocks edged lower.
BSE Midcap and Smallcap index rose 1.53% and 1.64% respectively.
Indian stock market belled the day on a positive terrain after a rise of 2.66% on the previous working day. The 30-share index, BSE Sensex opened with a gain of 69.60 points, at 9,973.06 on Friday.
In the previous day session, the Sensex ended with a gain of 256.15 points, or 2.66%, while the NSE Nifty climbed by 74.30 points, or 2.51%.
Currently, the 30-share index Sensex is trading up 37.46 points, or 0.38%, at 9,940.92, after touching a high of 9,991.83 and a low of 9,863.86. Meanwhile the broad based Nifty is trading higher by 17.85 points, or 0.59%, at 3,051.30. (11.00 a.m.)
Overall market breadth is positive. Out of the total 1,858 stocks traded at BSE, 1,318 advanced, 477 declined while 63 remained unchanged.
Major gainers in the 30-share index were Hindalco Industries (4.06%), DLF (2.07%), Reliance Energy (1.97%), Tata Motors (1.93%), State Bank Of India (1.92%), and Tata Steel (1.73%).
On the other hand, Satyam Computer Services (3.54%), Maruti Suzuki India (2%), ACC (1.90%), Wipro (1.63%), Bharti Airtel (1.06%), and Infosys Technologies (1.01%) were the biggest losers in the Sensex.