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Nifty and Sensex are still volatile. The only postive is that it still in green zone.
Domestic market pared some of early gains with the Sensex falling below 26,000 level, while the broader Nify50 also slipping below its crucial 8,000 mark.
Supported by positive global markets, the Sensex rallied over 200 points in morning trade led by gains in ICICI Bank, Infosys, Tata Motors, ONGC, and Maruti Suzuki. Nifty reclaimed its crucial level of 7,950 and was trading near its crucial resistance level of 8,000 supported by gains in realty, power, oil & gas, metal, auto, and banking stocks.
The S&P BSE Sensex is trading at 25,801 up 35 points, while NSE Nifty is trading at 7,955 up 24 points. Bajaj Auto, Maruti, HUL, Adani Ports and Cipla are among the top gainers, PowerGrid, NTPC, SBI and L&T are losing sheen on BSE. Auto, Metal, Oil & Gas and Information Technology sectors are indicating buying activities, while Capital Goods, Power and Bank are showing weakness on BSE.
The BSE Mid-cap Index is trading up 0.17% at 11754, whereas BSE Small-cap Index is trading down 0.06% at 11494. The INDIA VIX moved to green and is up 2.21% at 19.5200. Out of 1,879 stocks traded on the NSE, 743 declined, 787 advanced and 349 remained unchanged during the mid-market hours.
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