At 14:29 IST, the barometer index, the S&P BSE Sensex, rose 312.55 points or 0.6% at 52,797.01. The Nifty 50 index gained 91.20 points or 0.58% at 15,813.40.
In the broader market, the S&P BSE Mid-Cap index added 0.16% while the S&P BSE Small-Cap index rose 0.77%.
Buyers outpaced sellers. On the BSE, 2,192 shares rose and 1,104 shares fell. A total of 166 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 18,37,88,043 with 39,77,121 deaths. India reported 4,82,071 active cases of COVID-19 infection and 4,02,728 deaths while 2,97,00,430 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.
Buzzing Index:
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The Nifty Metal index added 0.95% to 5,178.65. The index fell 3% in the past four session.
Vedanta (up 4.1%), Hindalco Industries (up 3.36%), Tata Steel (up 1.75%), Jindal Steel & Power (up 1.55%) and Steel Authority of India (up 1.33%) and Coal India (up 1.19%) climbed.
Numbers to Track:
In the foreign exchange market, the partially convertible rupee rose to 74.37 compared with its previous closing of 74.7425.
MCX Gold futures for 5 August 2021 settlement rose 0.12% to Rs 47,342.
The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.24% to 92.192.
The yield on 10-year benchmark federal paper rose to 6.086% from its previous close of 6.065%.
In the commodities market, Brent crude for September 2021 settlement rose 15 cents to $76.32 a barrel. The contract added 1.41% in the previous trading session to settle at $76.17.
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