Stocks extended gains and hit fresh intraday high in afternoon trade on steady buying demand in index pivotals. At 13:25 IST, the barometer index, the S&P BSE Sensex, was up 293.99 points or 0.8% at 36,910.80. The Nifty 50 index was up 96.65 points or 0.88% at 11,031. The Nifty was currently trading above the psychologically important 11,000 mark after crossing that level in early trade. The market breadth, indicating the overall health of the market, was weak.
Indices opened higher and hit fresh intraday high in early trade. Benchmarks pared gains in morning trade. Barometers firmed up once again in mid-morning trade.
Broader market witnessed selling. Among secondary barometers, the BSE Mid-Cap index was down 0.48%. The BSE Small-Cap index was down 0.25%.
The market breadth, indicating the overall health of the market, was weak. On BSE, 872 shares rose and 1509 shares fell. A total of 128 shares were unchanged.
Tata Steel (up 3.74%), Bajaj Finance (up 3.46%), ONGC (up 2.03%), ICICI Bank (up 1.93%) and Bajaj Auto (up 1.93%) edged higher from the Sensex pack.
Axis Bank (down 1.33%), Bharti Airtel (down 1.04%) and IndusInd Bank (down 0.75%) edged lower from the Sensex pack.
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