Sensex rallies over 200 points; Nifty tests 7,900 levels

The S&P BSE Sensex was up over 200 points after gaining over 250 points in opening trade on Wednesday following positive trends seen in other Asian markets.

The 50-share Nifty index was testing its crucial resistance level of 7,900.

Among the sectoral indices, the BSE Metal index was the top gainer, up 2.15 per cent. The sentiment on the street was upbeat as seven out of ten BSE stocks traded with gains.

The BSE midcap index was up by 0.85 per cent while the BSe smallcap index was trading higher by a per cent.

HDIL gained about 3 per cent while Blue Star Info cracked by 20 per cent. Hindalco and Tata Steel were higher by 3 per cent each.

Sensex: 25969.37, up 190 points; Nifty: 7886.40, up 43 points

Top Gainers:

TATA STEEL (3.7%), BHARTI AIRTEL (3.0%), HINDALCO (2.9%), HINDUSTAN UNILEVER (2.4%), TATA MOTORS (2.1%)

Top Losers:

AXIS BANK (1.4%), SBI (1.2%0, VEDANTA (1.2%), GAIL (1.1%), TCS (0.5%)

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