Sensex, Nifty continue trading higher, Tata Steel top gainer

The benchmark indices continued to trade higher on Monday after investors reacted positively to macroeconomic data released with changes in new base-year series for wholesale price index (WPI) inflation and index of industrial production (IIP). 

At 2:05 pm, the S&P BSE Sensex was trading at 30,314, up 126 points, while the broader Nifty50 was ruling at 9,440, up 40 points. 

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 1% and 0.7%, respectively. 

The market breadth, indicating the overall health of the market, was positive. On the BSE, 1,479 shares rose and 1,082 shares fell. A total