The markets continued to trade with a positive bias in the past one hour of trade, the Sensex was 146 points at 19,149 and the Nifty is up 46 points 5743.
State Bank of India is the top gainer among the Sensex stocks followed by HDFC, BHEL, Tata Steel, NTPC, ICICI Bank, ONGC and Sterlite Industries up 1.6-3.4% each. On the other hand Wipro, Reliance Industries, Reliance Communication, Reliance Infrastructure, Bharti Airtel, Tata Power and Hindalco Industries were among the losers.
BSE banking index - Bankex led the sectoral charts the index was up 2% or 243 points at 12,592, ahead of the RBI policy review. Consumer Durables index added 89 points at 6143, PSU, Capital Goods, Metal, Power and Realty indices were also trading hgher by 0.6-1% each. FMCG, Teck, Auto and Healthcare indices were also trading higher while Oil & Gas index was the only loser, down 0.4% or 35 points at 9709.
Axis Bank was the top gainer among the banking stocks, the stock added 4% and was trading at Rs 1338. Bank of Baroda, State Bank of India, Union Bank, Yes Bank, Bank of India, ICICI Bank, Kotak Mahindra Bank and Indusind Bank were up 1.2-3.7% each. Among the consumer durable stocks Whirlpool, Blue Star, titan Industries, Rajesh Exports, bajaj Electricals and VIP Industries were the top gainers.
Index heavyweight Reliance Industries, Cairn India, Petronet LNG and HPCL were among the top losers on the oil & gas charts.
The broader markets were in line with the benchmark indices, the BSE mid-cap and small-cap indices were up 0.75% each at 7244 and 9014 respectively.
The overall market breadth was extremely positive as 1732 stocks advanced while 904 stocks declined.
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