The Sensex is still trading in the green with a positive bias after a rally seen in the last session. Realty and banking stocks gained on hopes of rate cuts.
BSE Midcap and Smallcap index rose 1.54% and 1.48% respectively.
Indian stock market opened the day on a positive zone 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 settled 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 30.85 points, or 0.31%, at 9,934.31, after touching a high of 9,999.67 and a low of 9,863.86. Meanwhile the broad based Nifty is trading higher by 3.65 points, or 0.12%, at 3,037.10, after hitting a high of 3,062.25 and a low of 3,021.80. (11.49 a.m.)
Overall market breadth is positive. Out of the total 2,179 stocks traded at BSE, 1,568 advanced, 532 declined while 79 remained unchanged.
Major gainers in the 30-share index were Tata Motors (3.69%), Hindalco Industries (3.51%), ICICI Bank (2.12%), Tata Steel (1.88%), Housing Development Finance Corporation (1.86%), and State Bank Of India (1.84%).
On the other hand, Satyam Computer Services (3.92%), Bharti Airtel (2.45%), ACC (2.20%), Wipro (1.84%), Maruti Suzuki India (1.66%), and Ranbaxy Laboratories (1.40%) were the biggest losers in the Sensex.
