The S&P BSE Sensex continued to trade above 100 points as the market tracked the gains seen in other Asian markets and the rally seen in the US markets overnight.
The gains in the BSE benchmark was supported by the surge in NTPC (up 3%), Hindalco (up 2%), Vedanta (1.2%) and M&M (1%).
The 50-stocks barometer Nifty50 was also trading above its crucial psuchological cupport level of 8,050 supported by gains in metals, banks and power stocks.
The broader market imitated the rally seen on the benchmark indices with the BSE midcap index rising 0.4 per cent while the BSE smallcap index rose 0.7 per cent.
The sentiment on the Street continued to remain upbeat with seven of the ten BSE stocks trading in the black. Among the sectoral indices, the BSE Metal index was the top gainer, up 1.1 per cent.
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The 50-stocks barometer Nifty50 was also trading above its crucial psuchological cupport level of 8,050 supported by gains in metals, banks and power stocks.
The broader market imitated the rally seen on the benchmark indices with the BSE midcap index rising 0.4 per cent while the BSE smallcap index rose 0.7 per cent.
The sentiment on the Street continued to remain upbeat with seven of the ten BSE stocks trading in the black. Among the sectoral indices, the BSE Metal index was the top gainer, up 1.1 per cent.
Read More - Free Nifty Tips
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