Live Stock Market Updates - Sensex Nears 29K Nifty Hits 8950 Mark

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The benchmark BSE Sensex jumped over 310 points and the NSE Nifty reclaimed the key 8,900-mark for the first time since March last year at mid-session today on across-the-board buying led by banking, auto and consumer durables stocks amid sustained foreign fund inflows. All BSE sectoral indices were trading in the green.

The BSE Sensex hits 52-week high and trading over 250 points. The Bank Nifty touches 20,000 first time since March 4, 2015. The S&P BSE Sensex is trading at 28,926 up 429 points, while NSE Nifty is trading at 8,937 up 128 points. The BSE Mid-cap Index is trading up 1.38% at 13,414 whereas BSE Small-cap Index is trading up 0.89% at 12,756.

Axis Bank, Tata Motors, Maruti Suzuki, Infosys, L&T and SBI are among the gainers, whereas Bharti Airtel, Coal India, Jubilant FoodWorks, MindTree and Idea Cellular are losing sheen on BSE.

Some buying activity is seen in auto, industrial, finance, banking, capital goods, realty and FMCG sectors, while telecom sector is showing weakness on BSE. The INDIA VIX is up 0.96% at 13.0650. Out of 1,858 stocks traded on the NSE, 534 declined, 1,065 advanced and 261 remained unchanged today.

A total of 117 stocks registered a fresh 52-week high in trades today, while 26 stocks touched a new 52-week low on the NSE. Tata Motors Ltd is currently trading at Rs. 566.55, up by Rs. 16.75 or 3.05% from its previous closing of Rs. 549.8 on the BSE. Jaguar Land Rover, the British luxury vehicle unit of Tata Motors, is planning to make Land Rover SUVs in India for the local market and exports, as per media reports.

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