The market has maintained its strong momentum with the Nifty trading at 8400 supported by telecom, banking & financials, IT and FMCG stocks. The broader markets continued to outperform benchmarks with the BSE Midcap and Smallcap indices rising 1.3 percent and 2.3 percent, respectively.
The Sensex surged 281.01 points or 1.02 percent to 27739.65 and the Nifty rallied 75.40 points or 0.90 percent to 8416.80. About 1703 shares have advanced, 540 shares declined, and 120 shares are unchanged on the BSE.
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