Epic Update Reliance Industries The market continued to rally in noon trade with the benchmark indices rising over a percent, supported by banks, auto, oil and FMCG stocks.
The 30-share BSE Sensex surged 351.50 points or 1.24 percent to 28764.39 and the 50-share NSE Nifty jumped 99.90 points or 1.14 percent to 8842.45.
The broader markets also climbed over a percent as about 1668 shares advanced against 794 declining shares on the BSE.
Reliance Industries was the biggest contributor to Sensex’s rally, up more than 2 percent to trade at 27-month high.HDF Bank, ITC, Axis Bank, ICICI Bank, Maruti, L&T, SBI and Adani Ports gained 1-3 percent whereas HDFC and TCS were flat with a negative bias.
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