Indices trimmed gains in mid-morning trade. At 11:25 IST, the barometer index, the S&P BSE Sensex, was up 70.14 points or 0.2% at 35,269.94. The Nifty 50 index was up 16 points or 0.15% at 10,616.05. IT stocks gained.
Stocks drifted higher in early trade as buying resumed in the market after a two-day slide. Key benchmark indices extended gains in morning trade.
Domestic stock markets will remain closed tomorrow, 23 November 2018 on account of Gurunanak Jayanti. US financial markets will be closed Thursday for the Thanksgiving Day holiday and see an early close Friday.
The S&P BSE Mid-Cap index was off 0.01%. The S&P BSE Small-Cap index was up 0.33%.
The market breadth, indicating the overall health of the market, was positive. On the BSE, 1208 shares rose and 963 shares fell. A total of 124 shares were unchanged.
IT stocks gained. Tech Mahindra (up 2%), TCS (up 1.46%), Infosys (up 0.49%), Wipro (up 0.35%), HCL Technologies (up 0.84%), Oracle Financial Services Software (up 0.18%), L&T Infotech (up 1.66%), MindTree (up 2.16%), Hexaware Technologies (up 0.49%) and Mphasis (up 1.57%) rose.
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