Benchmark indices as well as broader markets continued to gain in morning, with the Nifty holding 8500 level ahead of expiry of January derivative contracts later today.
The 30-share BSE Sensex was up 112.85 points at 27488.43 and the 50-share BSE Nifty rose 34.40 points to 8510.20. The broader markets gained half a percent as about two shares advanced for every share falling on the BSE.
HDFC, HDFC Bank, ITC and Axis Bank were leading contributors to Sensex’s gains, up 1-1.8 percent. Tata Steel was the biggest gainer, up over 2 percent whereas Bharti Airtel lost 2.6 percent after dismal performance in Q3.
Infosys, Reliance Industries, Mahindra & Mahindra, Bajaj Auto, Dr Reddy’s Labs and Wipro were also under pressure.
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