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Nifty traded on a record high of 9800 whereas Sensex traded on 31800 level. Infosys and TCS are contributing 50% to Nifty Index gain.BSE IT is the top gaining index in the morning session on Tuesday. It is up by 1.8% at 10,255.67. Infosys is contributing majorly to the index gains and pulling it to higher levels.Infosys is trading higher by 2.68% at Rs 984.75 per share.
Other stocks in the index viz. NIIT Technologies is up 4.6% at Rs 590.95 per share, Zen Technologies is up 3.8% at Rs 62.40 per share, Rolta is up 3.7% at Rs 63.35 per share, Hexaware Technologies is up 3.5% at Rs 253.80 per share and NELCO is up by 3.3% at Rs 107.45 per share.Sugar stocks soared in the morning hours of trade as government has hiked the import duty of sugar to 50%. Rana Sugar soared 6.57% at Rs 9.73 per share, Sakhti Sugar soared 6.49% at Rs 32.00 per share, Shree Renuka Sugars soared 4.31% at Rs 15.74 per share, KCP Sugar & Industries Corporation soared 4% at Rs 33.80 per share on BSE.
The S&P BSE Sensex is trading at 31,833 up 118 points, while Nifty is trading at 9811 up 40 points. A total of 41 stocks registered a fresh 52-week high in trade today, while 7 stocks touched a new 52-week low on the NSE.The BSE Mid-cap Index is trading up 0.10% at 15057, while BSE Small-cap Index is trading up 0.45% at 15,970.Some buying activity is seen in Auto, Bankex and Capital Goods indices, while Energy, FMCG and Telecom indices are showing weakness on BSE.Infosys, TCS and Tech Mahindra are among the gainers whereas Bharti Airtel, Cipla and ITC are losing on the NSE.The INDIA VIX is up 1.0% at 11.0.
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