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The S&P BSE Sensex is trading at 25,591 up 445 points, while NSE Nifty is trading at 7,839 up 130 points. The BSE Mid-cap Index is trading up 1.11% at 10,938, whereas BSE Small-cap Index is trading up 1.23% at 10,961.
M&M, ICICI Bank, Tata Motors, Maruti Suzuki, Tata Steel, SBI,Bajaj-Auto and Axis Bank are among the gainers, whereas GAIL and Infosys are losing sheen on BSE.
Some buying activity is seen in auto, metal, banking, basic materials, capital goods, consumer durables and power on BSE. The INDIA VIX is down 1.20% at 15.8325. Out of 1,803 stocks traded on the NSE, 418 declined, 1,101 advanced and 284 remained unchanged today.
A total of 26 stocks registered a fresh 52-week high in trades today, while 15 stocks touched a new 52-week low on the NSE. The Indian rupee opened higher by 8 paise at 66.35/$ on Wednesday as against the previous close of 66.43/$. The rupee maintained its firm tone, helped by positive momentum in the domestic equities. In addition, projections of an above average monsoon also boosted the sentiment on the street.
Bharti Airtel jumped 3% to Rs. 360.20. The company's acquisition of Aircel's 4G airwaves has made India's No. 1 telco, a pan-India 4G player even before the Mukesh Ambani-owned Reliance Jio launches commercially. Moreover, Bharti Airtel, has added the maximum number of subscribers to its account in March 2016. With the addition of 25.5 lakh subscribers, the top telco’s grand total of subscribers now stands at 251.24 million.
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