Live Stock Market Updates – Nifty Rises Steadily, Crossing 8550 Mark

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Broader markets are trading strong in Wednesday's trading session, where Nifty and Sensex have crossed the 8550 and 7550 marks respectively, whereas Sensex surged 200 points.

Paper stocks are flying high on the bourses. International Paper APPM Limited touched high of Rs 323.25 per share, up by Rs 7.5 per share or 2.37%. Pudumjee Pulp & Paper Mills Limited has touched high of Rs 22.40 per share, up by Rs 1.20 per share or 5.66% and Ruchira Paper is up by 4.01%. BSE IT index has recovered in luch hours and is trading in green, with TCS contributing the most to the gains of the index.

The S&P BSE Sensex is trading at 27558.51, up by 182.88 points, while NSE Nifty is trading at 8550.75, up 74.95 points. A total of 78 stocks registered a fresh 52-week high in trade today, while 10 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap index is trading up 0.65% at 12766.72, whereas BSE Small-cap index is trading up 0.72% at 12930.37.

Some buying activity is seen in Consumer Durables, Bankex, Metal, Capital Goods and Auto indices while Healthcare, Telecom and Utilities indices are showing weakness on BSE.

Kotak Bank, Bosch Ltd., Zeel, HDFC, Yes Bank, Adani Ports, Axis Bank, Bank of Baroda, Ambuja Cements and ACC are among the gainers; whereas Bharti Airtel, Wipro, Tech Mahindra, Reliance, Idea, Gail, HCL Tech, Infosys, NTPC and Tata Motor DVR are losing sheen on NSE.

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