Equity benchmarks as well as broader markets continued to see buying interest in afternoon trade, led by technology, oil & gas, banking & financials and select auto stocks. The 30-share BSE Sensex rose 183.96 points or 0.71 percent to 26025.88 and the 50-share NSE Nifty climbed 54.35 points or 0.69 percent to 7897.10. The BSE Midcap and Smallcap indices gained 1 percent each. The market breadth was positive as about 1565 shares advanced against 952 advancing shares on the BSE. Shares of TCS, Reliance Industries, ICICI Bank, Mahindra & Mahindra, Maruti Suzuki, Bajaj Auto, Wipro, Vedanta, Tata Steel and BHEL gained 1-3 percent. GAIL continued to be top gainer on Sensex, up nearly 10 percent on reports of likely modification in long term gas contract with RasGas, the Qatar-based company. Petronet LNG was up over 6 percent. ITC and Sun Pharma underperformed benchmarks, down 1-1.7 percent followed by HDFC, Tata Motors, Axis Bank and Bharti Airtel with marginal loss.
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