Benchmark indices continued to gain in the after-noon trade tracking global markets cues on upbeat economic data and rise in oil prices as investors were optimistic ahead of corporate earnings and Union Budget 2017.
Sensex hit its highest in nearly two months, while the broader NSE Nifty hit a near one-month high in today’s session led by gains in metal, oil & gas, banking and auto sectors.
At 2:07 pm, the S&P BSE Sensex was trading at 26,895, up 263 points, while the broader Nifty50 was ruling at 8,275, up 84 points.
Broader market outperformed the headline
Sensex hit its highest in nearly two months, while the broader NSE Nifty hit a near one-month high in today’s session led by gains in metal, oil & gas, banking and auto sectors.
At 2:07 pm, the S&P BSE Sensex was trading at 26,895, up 263 points, while the broader Nifty50 was ruling at 8,275, up 84 points.
Broader market outperformed the headline