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The Indian stock markets climbed for a second day tracking a positive trade in Asian markets amid thin volumes led by automakers and information technology companies. Nifty50 hits 8,050 level. The stock market extended early gains and continued firm trade in the afternoon session, hovering near intra-day high level on increased buying by funds and retail investors.The S&P BSE Sensex is trading at 26,387 up 173 points, while NSE Nifty is trading at 8,088 up 56 points. Today, the start of the penultimate session of the F&O series expiry is likely to be in green and more short covering can be seen ahead of the series expiry. The BSE Mid-cap Index is trading up 1.20% at 11,844, whereas BSE Small-cap Index is trading up 1.45% at 11,891.
Bharti Infratel, Idea Cellular, IndusInd Bank and Zee are among the gainers, whereas Tata Motors DVR, Tata Steel, Tata Motors and Hero MotoCorp are losing sheen on NSE. A total of 12 stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low on the NSE. Out of 1,889 stocks traded on the NSE, 300 declined, 1,280 advanced and 309 remained unchanged today. Some buying is observed in industrial,pharma, financial services, oil & gas, auto, FMCG, IT and teck sectors while realty and banking are showing weakness on BSE.
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